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