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    Post office (POSB) interest rate from 1st October 2022 | Revised interest rates for Small Savings Schemes (POSB) for 3rd quarter of Fy 2022

    F.No.1/4/2019-NS

    Government of India

    Ministry of Finance

    Department of Economic Affairs

    (Budget Division)

    Dated: 29.09.2022


    Office Memorandum


    Subject: Revision of new interest rates for Post Office Small Savings Schemes - reg


    The rates of interest on various Post Office Small Savings Schemes (National Small Savings Scheme) for the third quarter of financial year 2022-23 starting from 1st October, 2022 and ending on 31st December, 2022 have been revised as detailed below:

    Post Office Small Savings Scheme Interest Rates from 01st October 2022:

    Post Office Savings Scheme Name

    Rate of interest from 01.07.2022 to 30.09.2022

    Rate of Interest from 01.10.2022 to 31.12.2022

    Savings Bank A/c

    04%

    04%

    Recurring Deposit Account

    5.8%

    5.8%

    Term Deposit 1year/2 years/3 years/5 years

    5.5%, 5.5%,5.5% & 6.7%

    5.5%, 5.7%,5.8% & 6.7%

    Monthly Income Scheme

    6.6%

    6.7%

    National Savings Certificate(NSC)

    6.8%

    6.8%

    Kisan Vikas Patra (KVP)

    6.9% (124 Months)

    7.0% (123 Months)

    Public Provident Fund (PPF)

    7.1%.

    7.1%.

    Senior Citizen Saving Scheme

    7.4%

    7.6%

    Sukanya Samriddhi Yojana

    7.6%

    7.6%

    What is the Revised Rate of Interest for Senior Citizen Savings Scheme (SCSS) in Post Office from 01st October 2022?

    7.6%

    What is the Revised Rate of Interest for Kisan Vikas Patra (KVP) Scheme in Post Office from 01st October 2022?

     7.0% (will Doubled in 123 Months)

    What is the Revised Rate of Interest for Monthly Income (MIS) Scheme in Post Office from 01st October 2022?

    6.7%

    Which of the Post Office Schemes did not get revised interest rates from 01st October 2022?

    SB A/c, RD A/c, NSC, PPF & SSA Accounts



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