Sl.No.

Instruments

Rate of interest w.e.f 01.10.2023 to 31.12.2023

Compounding Frequency*

01.

Post Office Savings Account​​

4.0

Annually

02.

1 Year Time Deposit

6.9 (Annual Interest ₹708 for ₹10,000/-)

Quarterly

03.

2 Year Time Deposit​​

7.0 (Annual Interest ₹719 for ₹10,000/-)

Quarterly

04.

3 Year Time Deposit​​

7.0 (Annual Interest ₹719 for ₹10,000/-)

Quarterly

05.

5 Year Time Deposit

7.5 (Annual Interest ₹771 for ₹10,000/-)

Quarterly

06.

5 Year RD

6.7  (Earlier it was 6.5%)

Quarterly

07.

Senior Citizen Savings Scheme​​

8.2 (Quarterly Interest ₹205 for ₹10,000/-)

Quarterly and Paid

08.

Monthly Income Account​​

7.4 (Monthly Interest ₹62 for ₹10,000/-)

Monthly and paid

09.

National Savings Certificate (VIII Issue)

7.7 (Maturity Value ₹14,490 for ₹10,000/-)

Annually

10.

Public Provident Fund Scheme​​

7.1

Annually

11.

Kisan Vikas Patra​​

7.5 (will mature in 115 months)

Annually

12.

Mahila Samman Savings Certificate​​

7.5 (Maturity Value ₹11,602 for ₹10,000/-)

Quarterly

13.

Sukanya Samriddhi Account Scheme​​

8.0

Annually