Interest rate on small savings schemes ! SB Order 26/2022

The Central government announced interest rate on small savings schemes for the  4^th quarter from January-March,2023. 

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POSB Interest rates

 

 Key Points:

·        No changes in SB, RD, SSA and PPF interest rate.

·        SCSS will yield highest interest rate of 8.0% from the existing 7.5%

·        KVP will mature in 120 months. (Interest 7.2%)

·        PPF and MIS will yield 7.1% interest 

·        NSC and 5 year TD will yield 7.0% interest 

                           INTEREST RATE REVISED W.E.F. 01.01.2023 ! SB Order 26/2022

 

Also read :  

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 2. Freezing of Small Savings Schemes accounts get matured but not closed  after 3 years of maturity | SB Order 25/2022

 3. Steps to be taken for prevention of frauds in post offices | SB Order No.24/2022