April 05, 2017

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Postal Savings Schemes with Rate of Interest with effect from 01/04/2017 - Ready Reckoner

Written By Admin on Apr 5, 2017 | April 05, 2017

Postal Savings Schemes with Rate of Interest with effect from 01/04/2017

INSTRUMENT
RATE OF INTEREST W.E.F
01-04-2017
TO
30-06-2017
Frequency of compounding
Minimum deposit
Maximum deposit
Maturity amount
Savings Deposit - SB
4.0
Annual
Rs.50/-
No limit
-
1 year TD
6.9
Quarterly
Rs.200/-
No limit
For Rs.10000 →Rs.10708/-
2 year TD
7.0
Quarterly
Rs.200/-
No limit
For Rs.10000 →Rs.11437/-
3 year TD
7.2
Quarterly
Rs.200/-
No limit
For Rs.10000 →Rs.12219/-
5 year TD
7.7
Quarterly
Rs.200/-
No limit
For Rs.10000 →Rs.13963/-
5 year RD
7.2
Quarterly
Rs.10/-
No limit
For Rs.100 → Rs.7232/-
5 year SCSS
8.4
Quarterly  and paid
Rs.1000/-
Rs 15 lakhs
For Rs.100000 → Rs.2100/-
5 year MIS
7.6
Monthly INT paid
Rs.1500/-
Rs 4.5 lakhs for single
Rs. 9 lakhs for joint
For Rs.15000 → Rs.95/-
5 year NSC
7.9
Annual
Rs.100/-
No limit
For Rs.10000 → Rs.14625/-
15 years PPF
7.9
Annual
Rs.500/-
Rs 1.5 lakhs
-
9 years 5 months KVP
7.6
Annual
Rs.1000/-
No limit
Amount doubled
15 years SSA
8.4
Annual
Rs.1000/-
Rs. 1.5 lakhs
-


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