Post Office Savings Bank Schemes – Interest Rates & Maturity Values Table w.ef. 01.01.2024 to 31.03.2024
POST OFFICE SAVINGS BANK SCHEMES INTEREST RATES & MATURITY VALUES TABLE
(w.e.f. 01.01.2024 TO 31.03.2024)
Post Office Savings Scheme (POSB) Name |
Post Office Interest Rates from 01.01.2024 to 31.03.2024 |
Post Office Interest Rate from 01.10.2023 to 31.12.2023 |
Savings Bank A/c |
04% |
04% |
Recurring Deposit Account |
6.7% |
6.7% |
Term Deposit 1year/2 years/3 years/5 years |
6.9%, 7.0%,7.1% & 7.5% |
6.9%, 7.0%,7.0% & 7.5% |
Monthly Income Scheme |
7.4% |
7.4% |
National Savings Certificate(NSC) |
7.7% |
7.7% |
Kisan Vikas Patra (KVP) |
7.5% (115 Months) |
7.5% (115 Months) |
Public Provident Fund (PPF) |
7.1%. |
7.1%. |
Senior Citizen Saving Scheme |
8.2% |
8.2% |
Sukanya Samriddhi Yojana |
8.2% |
8.0% |
MATURITY VALUES *
RD |
For Deposit 100 x 60= 6,000, Interest 1,136.58, (After extension with deposit: 6 Year = 8871.09, 7 Year = 10724.75, 8 Year = 12705.77, 9 Year = 14822.89, 10 Year =17085.46) |
Total 7136.58 |
1 TD |
For Deposit 1,00,000, Yearly Interest 7080.60 x 1 |
Total 1,07,081 |
2 TD |
For Deposit 1,00,000, Yearly Interest 7185.90 x 2 |
Total 1,14,372 |
3 TD |
For Deposit 1,00,000, Yearly Interest 7291.29 x 3 |
Total 1,21,873 |
5 TD |
For Deposit 1,00,000, Yearly Interest 7713.59 x 5 |
Total 1,38,568 |
MSSC |
For Deposit 1,00,000, Interest on maturity 16,022 |
Total 1,16,022 |
MIS |
For Deposit 1,00,000, Monthly Interest 616.67 x 60 |
Total 1,37,000 |
SCSS |
For Deposit 1,00,000, Quarterly Interest 2,050 x 20 |
Total 1,41,000 |
MIS + RD |
For Deposit 1,00,000, Interest 43,953.15 |
Total 1,43,953 |
SCSS + RD |
For Deposit 1,00,000, Interest 48,728.76 |
Total 1,48,729 |
NSC |
For Deposit 1,00,000, Interest on maturity 44,903.41 |
Total 1,44,903 |
KVP |
For Deposit 1,00,000, Interest on maturity 1,00,000 |
Total 2,00,000 |
PPF * |
Monthly 1000 x 15 years =1,80,000, Interest 15 yrs = 1,35,572 |
Total 3,15,572 |
SSA * |
Monthly 1000 x 15 Years =1,80,000, Interest 21 yrs = 3,74,612 |
Total 5,54,612 |
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COMMENTS
Scss
Very good information