Post Office Small Savings Schemes (POSB) Interest rates from June 2023. New Increased (Revised) Postal Interest Rates from 01st July 2023.
The rates of interest on various Post Office Small Savings Schemes (National Small Savings Scheme) for the second quarter of financial year 2023-24 starting from 1st July 2023 and ending on 30th September 2023 have been revised as detailed below:
| Post Office Savings Scheme Name | Post Office Interest Rate from 01.04.2023 to 31.06.2023 | Post Office Interest Rates from 01.07.2023 to 30.09.2023 |
| Savings Bank A/c | 04% | 04% |
| Recurring Deposit Account | 6.2% | 6.5% |
| Term Deposit 1year/2 years/3 years/5 years | 6.8%, 6.9%,7.0% & 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 | 8.0% | 8.0% |
FAQs
Q1. What is the Revised Rate of Interest for Senior Citizen Savings Scheme (SCSS) in Post Office from 01st July 2023?
Q2. What is the Revised Rate of Interest for Sukanya Samriddhi Account (SSA) Scheme in Post Office from 01st July 2023?
Q3. What is the Revised Rate of Interest for Kisan Vikas Patra (KVP) Scheme in Post Office from 01st July 2023?
Q4. What is the Revised Rate of Interest for Monthly Income (MIS) Scheme in Post Office from 01st July 2023?
