Interest rate of small saving scheme of post office from 01.07.2020 to 30.09.2020

An order has been issued by Assistant Director SB of FS Divison of Postal Directorate regarding revision of interest rates for small savings schemes from 01.07.2020 to 30.09.2020, called SB order 24/2020

The revised interest rate on the small saving scheme

The interest rate of the post office saving account remains the same in the second quarter. i.e. 4% annually.

The interest rate of one year, two years, three years, five year TD Account remains the same in the second quarter. i.e. 5.5%, 5.5%, 5.5%, 6.7% quarterly respectively.

The interest rate of five years of RD account remains the same in the second quarter. i.e. 5.8% quarterly.

The interest rates of the Senior Citizen Saving scheme, monthly income account, NSC, PPF, KVP, Sukanya remain same in the second quarter.

The signed copy of SB order 24/2020

A signed copy of the above order is attached below your reference. You can also download a PDF file from here.