Government announced interest rates of various Post Office Saving Schemes for financial year 2014-15. Accordingly, the rate of interest on such small savings schemes for the financial year 2014-15 will be effective from April 1, 2014, on the basis of the interest compounding/payment built-in in the schemes, shall be as under. This also includes prevailing rate of interest for the financial year 2013-14.

Scheme NameRate of Interest w.e.f. 1-Apr-2013Rate of Interest w.e.f. 1-Apr-2014Change
Savings Deposit4.00%4.00%NIL
1 Year Time Deposit8.20%8.40%0.20%
2 Year Time Deposit8.20%8.40%0.20%
3 Year Time Deposit8.30%8.40%0.10%
5 Year Time Deposit8.40%8.50%0.10%
5 Year Recurring Deposit8.30%8.40%0.10%
5 Year SCSS9.20%9.20%NIL
5 Year MIS8.40%8.40%NIL
5 Year NSC8.50%8.50%NIL
10 Year NSC8.80%8.80%NIL


Rate of interest on various Small Savings Schemes revised w.e.f. 1-Apr-2014

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