Revision of interest rates for Small Savings Schemes at Post Offices w.e.f. 01.10.2023 to 31.12.2023

F.No.1/4/2019-NS Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated: 29.09.2023 OFFICE MEMORANDUM Subject: Revision of interest rates for Small Savings Schemes – reg. The rates of interest on various Small Savings Schemes for the second quarter of financial year 2023-24 starting from 1st October, 2023 and…

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Post Office Schemes Rate of interest w.e.f 01.07.2023 to 30.09.2023

Post Office Schemes Rate of interest w.e.f 01.07.2023 to 30.09.2023 The interest rates applicable on various National (Small) Savings Schemes are as under. Sl.No. Instruments Rate of interest w.e.f 01.07.2023 to 30.09.2023 Compounding Frequency* 01. Post Office Savings Account​​ 4.0 Annually 02. 1 Year Time Deposit 6.9 (Annual Interest ₹708 for ₹10,000/-) Quarterly 03. 2…

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