Dear Reader Check New Interest Rates on Post Office Saving Schemes like PPF, KVP, SCSS, RD, TD, NSC & MIS for 1 July to 30 September 2020 in PO Interest Rates Table Read complete information about the scheme
All the candidate who has invested in the post office or wants to invest for saving purpose into post office can easily know about the interest rate in this article. Central govt. has Revised Post Office Savings Schemes Interest Rates for 1 October 2020 to 31 December 2020 quarter. The new financing costs on mail center plans have been saved unaltered for this quarter. Check the new loan fees for Time Deposit (TD), Public Provident Fund (PPF), Sukanya Samriddhi Account, Senior Citizen Savings Schemes (SCSS), Recurring Deposit (RD), National Savings Certificate (NSC), Kisan Vikas Patra (KVP), Monthly Income Scheme (MIS), PO Savings Deposit Account Schemes.
Loan fees of all famous investment funds conspire run by the Post Office are reexamined on a quarterly premise. Individuals can check the mailing station reserve funds conspires new financing costs table 2020 which shows the current pace of enthusiasm for different mail center plans appropriate for 1 October 2020 to 31 December 2020 span.
In the ongoing notice by Finance Ministry, loan cost on all Post Office Savings Schemes have been kept unaltered. The administration as of late changed a couple of rules for PPF represents the advantage of record holders. Likewise, individuals would now be able to check the new financing costs for all mail center reserve funds plans.
Post Office Savings Schemes Interest Rates Table (1 Oct to 31 Dec 2020)
Here you can find complete information table indicating the current pace of enthusiasm for mail center reserve funds conspire relevant from 1 October 2020 to 31 December 2020:-
|Post Office Savings Scheme Name||Interest Rate for 1 October to 31 December 2020||Compounding Frequency||Description about Post Office Scheme|
|Savings Deposit Scheme Account||4%||Annually||Post Office Savings Bank Account (PO-SB) Scheme Details|
|1 Year Time Deposit||5.5%||Quarterly||PO Fixed / Time Deposit (TD) Scheme Account Details|
|2 Year Time Deposit||5.5%||Quarterly|
|3 Year Time Deposit||5.5%||Quarterly|
|5 Year Time Deposit||6.7%||Quarterly|
|Recurring Deposit (5 years)||5.8%||Quarterly||PO Recurring Deposit Account (RD) Details|
|Senior Citizen Savings Scheme (5 years)||7.4%||Quarterly & Paid||Senior Citizens Savings Scheme Account Details|
|Monthly Income Scheme Account (5 years)||6.6%||Monthly & Paid||Monthly Income Scheme (MIS) Account Details|
|National Savings Certificate (5 years)||6.8%||Yearly||National Savings Certificate Scheme Details|
|Public Provident Fund Scheme||7.1%||Yearly||PPF Post Office Account Details|
|Kisan Vikas Patra||6.9% (maturity in 10 years 4 months)||Yearly||KVP Scheme Account Details|
|Sukanya Samriddhi Account Scheme||7.6%||Yearly||SSA Account Details|
To get more information on Post Office Savings Schemes, visit the official site indiapost.gov.in. In spite of the low loan costs of Post Office Saving Schemes, these instruments are as yet alluring for speculators who need to put resources into safe items.
Unchanged PO Savings Scheme Interest Rate
In this Post Office Interest Rates Table October to December 2020, it is very evident that the pace of enthusiasm for all mailing station sparing plans have been kept unaltered Interest Rates on PPF is 7.1%, KVP at 6.9% (development in 10 years 4 months), Sukanya Samriddhi Account at 7.6%, NSC at 6.8%, MIS at 6.6%, SCSS at 7.4%, RD at 5.8% and Savings store actually stays at 4%. The choice for unaltered financing costs on mail center reserve funds conspire is taken as the Coronavirus (COVID-19) open stage 5 beginnings on 1 October 2020.