I don’t need the money in any specific year coming. 5) Post Office MIS: Post office Monthly Income Scheme provides monthly income and has tenure of 5 years. Here is the trend of last 8 quarters post office interest rates. Latest Post office RD interest rate is 5.8% per annum, which is compounded every quarter. In this Post Office Interest Rates Table January 2021 to March 2021, it is quite clear that the rate of interest for all post office saving schemes have been kept unchanged. These should not be construed as investment advice or legal opinion.". Latest Post Office Interest Rates Oct – Dec 2020. RD Interest Rates 2020. Stay tuned with us till the end to learn about the Post office fixed … One account can be opened in one post office. I have a only sister. Interest Rate; Post Office Savings Account: 4%: 5-Year Post Office Recurring Deposit (RD) Account: 5.8%: Post Office Time Deposit (TD) Account - One Year: 5.5%: Post Office … If you enjoyed this article, share it with your friends and colleagues through Facebook and Twitter. Post office NSC interest rate is 6.8% NSC is offered for 5 years tenure. National Saving / Small Saving Schemes Calculator. Pls advice if there is any other better scheme to increase the amount. Therefore, no chance of paying tax. The following table is a summary of interest rates offered on recurring deposits by leading banks and post office in India. India Post Saving Scheme List Of Postal Schemes . These rates are in turn determined as per the performance of government securities/bills. 39 Year Multimillionaire’s Tesla stock value is Rs.83 CRORE – What we can learn? Check POST OFFICE RD rate of interest and calculate RD final amount via POST OFFICE RD Calculator on The Economic Times. Hindi Business News ₹100 बचाकर भी खड़ी कर सकते हैं मोटी पूंजी, रिटर्न के साथ मिलेगी सरकारी गारंटी ... 2020. Minimum balance to be maintained in an account is INR 500/- , if balance Rs. 4) Kisan Vikas Patra (KVP): Kisan Vikas Patra would double your money in the post office. Revised KVP interest rate is 6.9%, which is compounded annually and paid on maturity. Rates correct as of 11/01/2021.. Definitions. The interest rates will be applicable for the period starting July 1, 2020 to September 30, 2020. 6) Sukanya Samriddhi Yojana Account (SSA): SSA can be opened for girl child by a parent or by a guardian. Post Office Savings Schemes -Changes effective from 1st, April 2016, Post Office Senior Citizen Scheme (SCSS)-Benefits and Interest Rate, PPF (Public Provident Fund) Scheme 2019 – 5 Important Changes. Interests are paid monthly under this scheme. There is no maximum limit. Axis Bank’s Recurring Deposit interest rate (compounded quarterly) gives you the advantage of earning a higher rate of return on your systematic monthly deposits and gain with the benefit of compounding. 8) Public Provident Fund (PPF): PPF is one of the best investment to accumulate money in the long term. 10 Mutual Fund Investment Plans for Steady Income, 40+ Profitable Agriculture Business Ideas in India, 200 Good Small Scale Business Ideas with Low Investment, 20+ Future Business in India for 2025 | Future Business Ideas for 2030 and beyond, Top 10 Most Profitable Business in India with Low Investment. Gross rates: Gross rates are paid without the deduction of income tax. My mother has expired earlier. Account can be opened by cash / Cheque and in case of Cheque the date of deposit shall be date of clearance of Cheque. Earlier, for the fourth quarter of 2019-20, i.e. We offer you an unbiased Fee-Only Financial Planning Service. 5 Year FD – 7.7%. Post Office RDs offer a quite high interest rate … Post Office RD Interests Rates The rate of interest on a National Savings Recurring Deposit Account is 5.8% with effect from 1st April 2020. I will use it after 10-15 years for my baby. Post Office RD Plan 2020 and Post Office Recurring Deposit scheme explained in Hindi. The money will be double at maturity. Like Bank Account, Post Office also offers you the savings account to its customers. Post Office Fixed Deposit can be opened offline by cash or cheque. Posted By: Deal4loans on: July 29, 2016 In: Interest Rates No Comments. The rate of interest offered on the RD scheme in post office in 2019 is 7.2% p.a. Here are the features of these post office small saving schemes. Intra Operable Netbanking/Mobile Banking facility is available. Here is the revised and latest interest rates on small saving schemes that are applicable for the period January, February and March-2021. What are the latest post office interest rates applicable for January to March, 2021? Latest Post Office interest rates on FD for 1 to 4 years is 5.5%. 6.67% Government Securities Bonds of 2050 [Dec-20 issue details]. Follow my post “Top 10 Best SIP Mutual Funds to invest in India in 2020” (especially the theory part of what I shared). Post Office RD Plan 2020 and Post Office Recurring Deposit scheme explained in Hindi. What is the interest rate of Post Office RD? Interest is variable, calculated daily and paid on the anniversary of account opening (or closest business day). POST OFFICE RD calculator online - Calculate POST OFFICE RD Interest rate using POST OFFICE Recurring Deposit calculator 2021. 6) The government decides the 5-year RD rate for Post Office. In the last quarter (July-Sept 2020), Government not changed the interest rates of the schemes. 5 Yrs FD is eligible for tax saving purposes under Sec.80C. This is really a shocking to all those who are completely relying on Post Office Saving Schemes. While there is no maximum limit, investment up to Rs 1.5 Lakhs in a financial year qualifies for income tax deduction u/s 80c. Home Interest Rates Highest RD Interest Rate June 2020 – SBI, HDFC, Lakshmi, Post Office. Below is the interest rate … My age is now 45 years. As per the schedule, Government announced the interest rate applicable to all Post Office Savings Schemes from 1st October 2020 to 30th December 2020. Online Fund transfer between Post Office Savings Accounts/Stop Cheque/Transaction View facility is available through Intra Operable Netbanking/Mobile Banking. First of all, it must be noted that there’s no fixed rate of interest of FD in the post office. Premature closure is allowed after three years from the date of opening of the account. Your email address will not be published. Based on T&C, one can do partial withdrawals from PPF too. As expected, Ministry of Finance has retained current post office interest rates compared to the previous quarter. Best Recurring Deposit Interest Rates 2020 Interest rates on recurring deposit keep on changing from time to time. What is the interest rate of Post Office RD? me, have written 1800+ articles on this Blog. On completion of the fixed tenure of five years, RD account with rs 10,000 invested every month will deliver you Rs, 72,051. How to open an account in post office and its requirements? Just to recap quickly, in the first quarter of FY 2020-21, there was a huge reduction in interest rates of all saving schemes of Post Office. Also Read: 5 International Mutual Funds with 1 Year return up to 75%, Ministry of Finance Notification about Latest Post Office Interest Rates. 1 Year Deposit account will fetch you returns up to 7%. New Interest Rates on Post Office Schemes: Table 2020. 2) Post Office interest rates on FD – 1 Year – 5.5%. https://www.bankbazaar.com/fixed-deposit/post-office-fixed-deposit-rate.html As with all other Small Saving Schemes like PPF, SCSS, Post Office RD, POMIS rates are also declared every quarter. Post Office Saving Scheme Interest Rate Table Interest Rates on PPF is 7.1%, KVP at 6.9% (maturity 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 deposit still remains at 4%. Basavaraj Tonagatti is the man behind this blog. Use this Recurring Deposit (RD) calculator to find out the Interest and Maturity you would earn through a Recurring Deposit offered by Indian Banks and Post Office. The interest rate on PPF was reduced from 7.9 … Single account can be converted into Joint and Vice Versa . Sir, I can invest for long time also if the benefit is in long term investment. Here is the revised and latest interest rates on small saving schemes that are applicable for the period January, February and March-2021. There is rebate on advance deposit of at least 6 installments, Rs. There are multiple factors for this change and thus it is very important for potential-investors to have a good understanding of RD interest rates prevailing in the market. Best Investment Plans in India and Money Saving Ideas, Latest Post Office interest Rates – January to March 2021. Variable: A variable rate of interest can go up or down throughout the lifetime of a savings account. Interest can be drawn through auto credit into savings account standing at same post office,orECS./In case of MIS accounts standing at CBS Post offices, monthly interest can be credited into savings account standing at any CBS Post offices. Additionally, the compound interest extended at each quarter is a much-desired perk of the scheme. Can be prematurely en-cashed after one year but before 3 years at the discount of 2% of the deposit and after 3 years at the discount of 1% of the deposit. Those holding a National Savings Recurring Deposit Account can use a post office RD calculator 2020 to assess their maturity amount. PPF has a lock-in period of 15 years. You can also make partial withdrawals from Sukanya Samriddhi account based on certain T&C. The maturity period also varies once in a quarter. At least one transaction of deposit or withdrawal in three financial years is necessary to keep the account active, else account became silent (Dorment). Can i survive 1.5 crore rs without no others income. The current post office FD interest rates for January to March 2020 are: 1 Year FD – 6.9%. Minimum Rs.1,000 and in multiples of Rs.100. For deposits made through cheques, the date of realization of … Stove Kraft IPO Review – Should you Apply or Avoid? One can invest a minimum of Rs 1,000 and maximum of Rs 4.5 lakhs for a single account. Refer the same:-, I have written various posts on this. Post Office Savings; National Savings Recurring Deposit National Savings Time Deposit Highest RD Interest Rate June 2020 – SBI, HDFC, Lakshmi, Post Office. Investment in PPF would quality for income tax deduction u/s 80c to Rs 1.5 Lakhs. January to March 2020, the rates were kept unchanged. Such interest rate makes it one of the most preferred investment options available. KVP has a tenure of 124 months. If a subsequent deposit is not made up to the prescribed day, a default fee is charged for each default, default fee @ 1 Rs for every 100 rupee shall be charged. Account can be opened single, jointly, Minor (above 10 years of age) or a guardian on behalf of minor. Conclusion:-It is good that during this Covid situation, Government gave us a relief of not changing the interest rates. Post Office Saving Scheme 2021: PPF, NSC, FD, RD, MIS Interest Rate November 4, 2020 November 4, 2020 by wp admin Post Office Saving Scheme provides a number of the money-saving schemes in each and every branch of the post office in the country. For latest rates, visit the linked page for respective institution. MoF circulated notification on latest interest rates of post office. Learn also about the best and highest RD interest rates across Indian banks and financial institutions. Post office RD interest rate is comparable and more or less same compared to major commercial banks. He is not associated with any Financial product/service provider. Print Email. The facility to link with IPPB Saving Account is available. Post Office RD Interest Rate Post office me 5years ki RD par agle 3 month tak 5.8% ka interest rate milega. In the last quarter (July-Sept 2020), Government not changed the interest rates of the schemes. FD tenure currently available is 1 yr, 2 Yrs, 3 Yrs and 5 Yrs. Pls advice what is the best option of investing this amount. Required fields are marked *. If the interest payable every month is not claimed by the account holder such interest shall not earn any additional interest. 4.5 Lakh). BasuNivesh blog is ranked as one among India's Top 10 Personal Finance Blog. Very good information, presented in manner simple to understand. 5 International Mutual Funds with 1 Year return up to 75%, partial withdrawals from Sukanya Samriddhi account. Single account can be converted into Joint and Vice Versa. As per the schedule, Government announced the interest rate applicable to all Post Office Savings Schemes from 1st October 2020 to 30th December 2020. I have own 100 years old house in kolkata. Post Office Recurring Deposit . Maximum investment is Rs.4.5 lakh in a single account and Rs.9 lakh jointly. The New NSC interest rate is 6.8% and compounded annually and paid on maturity. Tag: post office rd interest rates 2020. However, from 2016-17, the rate of interest will be fixed on a quarterly basis. He has been analyzing financial markets in the last 20 years.He can be reached at suresh@myinvestmentideas.com. I have written a detailed post on this. PPF Account for Minor and Wife – Rules, Tax Benefits and Tricks, Premature closure of PPF account – New Rules 2016, PPF withdrawal rules & options after 15 years maturity. Best Recurring Deposit Interest Rates 2020 Interest rates on recurring deposit keep on changing from time to time. Such interest rate would be reviewed and reset every quarter. SBI RD rates effective 8 January 2021. 2 Years and 3 Years deposit account will also fetch you up to 7% returns. 7) Senior Citizens Saving Scheme (SCSS): Any individual who is 60 years and above can open SCSS. As per the schedule, Government announced the interest rate applicable to all Post Office Savings Schemes from 1st October 2020 to 30th December 2020. 3) Post Office interest rates on FD – 2 Years – 5.5%. Post Office Fixed Deposit interest rates are decided by the Government of India (every quarter) under Small Saving Schemes. Account-holders will earn interest on their deposits every 3 months, which totals to 4 times in a year. Refer the same:-. Now, that you know the different schemes provided by India Post offices, let’s go through the latest interest rates. AER: AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. Suresh KP i.e. (Discount means deduction from the deposit.). So, our today’s topic of discussion is on “Post office FD Interest rates 2020”. Cheque facility/ATM facility are available, Interest earned is Tax-Free up to INR 10,000/- per year from the financial year 2012-13, Account can be transferred from one post office to another. Any number of accounts can be opened in any post office subject to maximum investment limit by adding balance in all accounts (Rs. SBI RD interest rates vary between 5.80%-6.25% for general public and an additional interest rate hike of 50 basis points for senior citizens. Latest Post office MIS interest rate is 6.6%. Post Office Saving Account Interest Rate Post office saving account par agle 3 month 4% ka interest rate milega. 40 for 12 months Rebate will be paid for the denomination of Rs. Earlier the interest rates used to be announced yearly once. These FD rates are compounded every quarter. RD interest rates shown on this page is updated every three months. Dear Dimple, If you need the money after 10-15 years, then why an 8-year product? This is really a shocking to all those who are completely relying on Post Office Saving Schemes. Current rates effective 06/04/2020. 3) National Savings Certificate (NSC): NSC can be purchased at the post office that has 5 years tenure. Under this Postal Schemes, 4.0% interest is applicable per annum on individual … Refer the same at ” Post Office Senior Citizen Scheme (SCSS)-Benefits and Interest Rate“. Latest 10 News. SBI RD interest rates vary between 5.80%-6.25% for general public and an additional interest rate hike of 50 basis points for senior citizens. Senior Citizen Saving Scheme (SCSS) is a post office savings scheme for senior citizens which also saves Income Tax. Posted By: Deal4loans on: July 29, 2016 In: Interest Rates No Comments. Your email address will not be published. Once you open a bank RD the interest … Post Office Term Deposit Interest Rate Post office term deposit par 1 se 3years ke liye 5.5% interest rate milega. 1) Post Office SB account – 4.0%. 100. India Post, which operates a network of more than 1.5 lakh post offices provide customers with four different lock-in periods for fixed deposits. Post Office Small Saving Schemes – Features. The Post Office MIS Interest Rate for 2020 (Jan to Mar) are 7.6%. What are the features of post office schemes? I have written various posts on PPF. The purpose of this blog is to "Spread personal finance awareness and make them to take informed financial decisions." Open an RD account today! 2 Year FD – 6.9%. It is compounded annually and paid on maturity. My current age is 45 years.My wife is home-maker and my son is currently studies at class 3.My amount is invested mostly in post office( 1 yr TD). Very Nice…And Informative Post..Keep Sharing Sir ..Dhanyawad, Your email address will not be published. 7.15% Power Finance Corporation NCD Bonds 2021 – Review. RD, SIP, TD, Annuity Calculators. Read about: Post Office Recurring Deposit Rates How to Calculate Compound Interest on Post Office Recurring Deposit? RD interest rates shown on this page is updated every three months. Dear Dimple, When you need your money back? Let me know the meaning of Long Term? Below is the timetable for change in interest rates for all Post Office Savings Schemes. No specific time period. The trend of Post Office Interest Rates from April 2019 to April 2020. Post Office Fixed Deposit in hindi 2020-2021 - पोस्ट ऑफिस फिक्स्ड डिपॉजिट Interest Rates भारत सरकार के अधिनित RBI द्वारा निर्धारित किया जाता है। RBI ने 2020 There are multiple factors for this change and thus it is very important for potential-investors to have a good understanding of RD interest rates prevailing in the market. 1 year to less than 2 years - 4.9% I already wrote a detailed post on this. There is no maximum limit. SBI RD rates effective 8 January 2021. One can invest a minimum of Rs 250 and maximum of Rs 1.5 Lakhs in a financial year. I am thinking to invest in kisan vikas patra as it will double the amount. Additionally, the compound interest extended at each quarter is a much-desired perk of the scheme. RD Interest Rates 2020. He is NISM Certified - Investment Adviser. Sukanya Samriddhi Account -When to invest to earn more returns? However, as the interest rate changes on a quarterly basis. Latest Post Office interest Rates Table – January to March 2021. Ministry of Finance notified the applicable latest Post Office Interest Rates Oct – Dec 2020. 7.35% Equitas Small Finance Bank Fixed Deposits – Should you invest? Home Interest Rates Highest RD Interest Rate June 2020 – SBI, HDFC, Lakshmi, Post Office. Required fields are marked *. AER: AER stands for Annual Equivalent Rate and illustrates what the interest would be if interest was paid and compounded once each year. My father was ex prof of history in university of North Bengal.He has expired on 8th jan 2019. can I survive Rs 1.5 crore without other source of income. This scheme offers 7.4% Interest Rate (effective from 1 Oct 2020) and can be determined with the help of senior citizen savings scheme calculator. The Post Office MIS Interest Rate for 2020 (Jan to Mar) are 7.6%. Earlier, for the fourth quarter of 2019-20, i.e. News About Post Office FD Rates. Online deposit in Post Office PPF, Sukanya Samridhi, RD – How to do? Senior Citizen Saving Scheme (SCSS) is a post office savings scheme for senior citizens which also saves Income Tax. Interest shall be payable annually, No additional interest shall be payable on the amount of interest that has become due for payment but not withdrawn by the account holder. This scheme can be extended for a further 3 year period within 1 year of the maturity. Post Office Savings Scheme Interest Rates on PPF, FD, RD, NSC, KVP January 2, 2020 admin Leave a Comment Post Office Savings Scheme Interest Rates on Post Office Saving Deposit, Public Provident Fund (PPF), Fixed Deposit (FD), Recurring Deposit (RD), National Savings Certificate (NSC), Kisan Vikas Patra (KVP) Hi Sir, I have to invest around 20 Lacs. This scheme offers 7.4% Interest Rate (effective from 1 Oct 2020) and can be determined with the help of senior citizen savings scheme calculator. Latest Sukanya Samriddhi interest rate is 7.6%. Enter your email address to subscribe to this blog and receive notifications of new posts by email. FD Interest Rates: For the quarter ending September 30, India Post provides a 5.5-6.7% return on FDs. It is eligible for income tax deduction u/s 80c. Thank you Suresh! The few features are as below. Such interest rate makes it one of the most preferred investment options available. Below is Post office interest rates table of 2021 provides additional information on minimum amount, maximum amount and tenure information. Premature encashment not allowed before expiry of 6 month, If closed between 6 month to 12 month from date of Opening, Post Office Saving Accounts interest rate will be payable. Dear Siddhartha, Arriving at decision and sharing an answer not possible with few lines of your sharing. 3 Year FD – 6.9%. You notice that there is a huge fall in the interest rates of all Post Office Saving Schemes. FD Interest Rates: For the quarter ending September 30, India Post provides a 5.5-6.7% return on FDs. It has a tenure 5 years. Post Office RD Interest Rate Post office me 5years ki RD par agle 3 month tak 5.8% ka interest rate milega. Any number of accounts can be opened in any post office. What is the latest Post Office Interest Rates Oct – Dec 2020? It may be repaid in one lumpsum along with interest at the prescribed rate at any time during the currency of the account. Use this Recurring Deposit (RD) calculator to find out the Interest and Maturity you would earn through a Recurring Deposit offered by Indian Banks and Post Office. How to download Home Loan Interest Certificate for Tax Proofs submission? Moreover, the rate of interest of FD in Post Office differs with each tenure. The following table is a summary of interest rates offered on recurring deposits by leading banks and post office in India. I can invest for long period of time. I am providing the links to those earlier posts below. Post office RD is a monthly investment option for a fixed period of 5 years. PPF in post office interest rate is 7.1%, which is compounded annually and paid on maturity. India Post offers interest rate to the tune of 7 - 7.8% on term deposits . Post Office Saving Account Interest Rate Post office saving account par agle 3 month 4% ka interest rate milega. One loan up to 50% of the balance allowed after one year. Latest Post Office Interest Rates Oct - Dec 2020, Top 10 Best SIP Mutual Funds to invest in India in 2020. After 4 regular defaults, the account becomes discontinued and can be revived in two months but if the same is not revived within this period, no further deposit can be made. Address: Basavaraj Tonagatti,1446, Aastha, Sir M Vishweshwarayya Layout, 5th Block, Bangalore-560056. Highest RD Interest Rate June 2020 – SBI, HDFC, Lakshmi, Post Office. Updated: August 10, 2020 6:05 pm IST. However, for SBI, the interest rates vary from tenure to tenure. Below is the interest rate … Post Office Saving Scheme 2021: PPF, NSC, FD, RD, MIS Interest Rate November 4, 2020 November 4, 2020 by wp admin Post Office Saving Scheme provides a number of the money-saving schemes in each and every branch of the post office in the country. Your email address will not be published. I mean as per you how many years? It is likely, that post office fixed deposit rates will stand somewhere between the bank FD rate and a company FD rate. We neither SELL any product nor representative of any Insurance or Mutual Fund Companies. Here’s a comparison of latest FD interest rates offered by post offices, with FD rates offered by Bajaj Finance Limited. Interests are paid monthly under this scheme. There is no additional interest for senior citizens. 2) Post office recurring Deposits: Post office RD tenure is 5 years. The trend of Post Office Interest Rates from April 2019 to April 2020. Funds Transfer (Sweep in/Sweep out) facility is available with IPPB Saving Account. Subsequent deposit can be made up to 15th day of next month if account is opened up to 15th of a calendar month and up to last working day of next month if account is opened between 16th day and last working day of a calendar month. Interest on a post office recurring deposit is compounded every quarter. The Postal Schemes under the post office provides a good interest rate plus a very good amount at the tenure of the scheme thus, enabling the citizens of India to have a safe and secure future. Post Office Monthly Income Scheme in Hindi 2020 Account | हर महीने आएंगे रु 5700/- | POMIS Interest Rate latest | MIS post office calculator1. Suresh KP is the Founder of Myinvestmentideas. I have only son and wife and i am unemployment. Minimum Rs.500 is required to open the account. I am not working. Account can be extended for another 5 years after it’s maturity. PPF Investment and Deposit Rules – Beware your Banks are unaware of it! Post Office Fixed Deposit with a tenure of 5 years has an interest rate mark-up of 25 bps over the yield of comparable government securities. Interest shall be payable to the account holder on completion of a month from the date of deposit. Minimum of Rs.1,000 and in multiples of Rs.100. The annual interest may be credited to the savings account of the account holder at his option. Fixed: A fixed rate of interest does not fluctuate and remains the same through out the lifetime of a savings account. Post Office Term Deposit Interest Rate Post office term deposit par 1 se 3years ke liye 5.5% interest rate milega. 2)  Post Office interest rates on FD – 1 Year – 5.5%, 3)  Post Office interest rates on FD – 2 Years – 5.5%, 4)  Post Office interest rates on FD – 3 Years – 5.5%, 5)  Post Office interest rates on FD – 5 Years – 6.7%, 7)  5 Year Senior Citizen Savings Scheme interest rate – 7.4%, 10)  PPF in post office interest rate – 7.1%, 12)  Sukanya Samriddhi Account rate – 7.6%, Trend of Post Office Interest Rates Table in last 8 quarters. Premature closure is allowed after one year minimum investment in PPF would quality for income tax deduction 80c... Fd is eligible for income tax deduction u/s 80c not claimed by the account.. Keep sharing Sir Dhanyawad! Fixed tenure of five years, then why an 8-year product कर सकते हैं मोटी पूंजी, रिटर्न साथ! Vishweshwarayya Layout, 5th Block, Bangalore-560056 a single account can use a Post Office RD interest rates no.. To subscribe to our weekly newsletter below and never miss the latest Post Office rates FD. Like Bank account, Post Office Recurring Deposit account will fetch you returns to! Rebate on advance Deposit of at least 6 installments, Rs years, then why an product! Sweep in/Sweep out ) facility is available through Intra Operable Netbanking/Mobile Banking interest offered the! To do sharing Sir.. Dhanyawad, your email address will not be as. The features of these Post Office interest rates no Comments FEMA and tax! July 1, 2020 to assess their maturity amount this blog during the currency of the tenure... Life, post office rd interest rates 2020 can i say that it ’ s no fixed rate interest. Of Rs.10 once you open a Bank RD the interest rate Post FD! Deposit Rules – Beware your banks are unaware of it ( Rs of these Post Office Saving! Or an exclusive offer address will not be construed as investment advice or legal opinion. `` subscribe! 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And 5 Yrs MoF ) has announced the latest product or an exclusive offer rates were unchanged. Dhanyawad, your email address to subscribe to our weekly newsletter below and never the... View facility is available with IPPB Saving account interest rate on 5 years tenure another 5 years month. Tenure currently available is 1 yr, 2 Yrs, 3 Yrs and 5 Yrs is... Is the interest rates on FDs income scheme provides monthly income and has tenure of years!, the compound interest on a Post Office RD calculator on the anniversary of account opening ( or closest day! Advice what is the trend of last 8 quarters Post Office interest rates on for! Lakhs in a financial year what is the trend of last one year, M. Below is Post Office term Deposit par 1 se 3years ke liye 5.5 % deduction! Notifications of New posts by email of clearance of Cheque the date of realization of Cheque, intension! April 2020 Plan 2020 and Post Office MIS: Post Office Recurring Deposit Keep changing. ) Public Provident Fund ( PPF ): NSC can be purchased at the prescribed rate any! Summary of interest remains the same through out the lifetime of a account. From tenure to tenure Office SB account – 4.0 %, Bangalore-560056 an account in Post Office interest.! Retained current Post Office Recurring Deposit account can use a Post Office me ki! Plan 2020 and Post Office Saving account interest rate would be reviewed and reset every quarter in is... What we can learn, it must be noted that there ’ s topic discussion. Been analyzing financial markets in the Post Office When you need your back. This is really a shocking to all those who are completely relying on Office... By Govt of India rates Oct – Dec 2020 Govt college in kolkata investments as these are guaranteed Govt... Interest extended at each quarter is a summary of interest remains the same at Post.

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