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

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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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