Post Office Schemes which offer higher Interest Rates
Government of India has increased Interest Rates of Post Office Small Savings Schemes
Earlier Post Office Interest Rates were hiked in the 1st quarter of year 2021-22
Post Office Schemes new Interest Rates will be applicable from 1 October, 2022
2 year Time Deposit of Post Office : Interest Rate is 5.7% increased by 20 basis points
3 year Time Deposit of Post Office : Interest Rate is 5.8% increased by 30 basis points
Post Office Senior Citizen Savings Schemes : Interest increased by 20 bps to 7.6% from 7.4%
Kisan Vikas Patra : Interest Rates & Maturity period have changed. Present Interest Rates 7% & 123 months maturity period
Monthly Income Scheme (MIS): Interest Rate hiked to 6.7% by 10 bps
There are no changes in Public Provident Fund, NSC and Sukanya Samruddhi Yojana