Welcome to the official blog of AIPSA. This blog is meant for use by members of All India Postal Stenographers' Association******E-mail: parambilmohan@gmail.com
================ Blog maintained by : P. Radhamohan Nair, Private Secretary to Post Master General, (Retired) Northern Region, Calicut, Kerala Circle=================

Friday, September 30, 2016

Revision of interest rates for Small Savings Schemes to be effective from third quarter of Financial Year 2016-17


Instruments
Rate of interest 
w.e.f. 01.07.2016
 
to 30.09.2016
Rate of interest 
w.e.f. 01.10.2016
 
to 31.12.2016
Compounding 
frequency*
Saving Deposit
4.0
4.0
Annually
1 Year Time Deposit
7.1
7.0
Quarterly
2 Years Time Deposit
7.2
7.1
Quarterly
3 Years Time Deposit
7.4
7.3
Quarterly
5 Years Time Deposit
7.9
7.8
Quarterly
5 Years Recurring Deposit
7.4
7.3
Quarterly
5 Years Senior Citizens Savings Scheme
8.6
8.5
Quarterly and paid
5 Years Monthly Income Account Scheme
7.8
7.7
Monthly and paid
5 Years National Savings Certificate
8.1
8.0
Annually
Public Provident Fund Scheme
8.1
8.0
Annually
Kisan Vikas Patra
7.8 
(will mature in
 
110 months)
7.7
(will mature in
 
112 months)
Annually
Sukanya Samriddhi Account Scheme
8.6
8.5
Annually

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