Post Office Small savings schemes that provide a high rate of interest as well as tax benefits and it carries the Sovereign guarantee of Indian Government.

Post office Small Saving Schemes - Current Interest Rates

SMALL Savings Interest Rates for Apr-2021 to Jun-2021
SCHEMES Q4
FY2020-21
Q1
FY2021-22
Change(%) Compounding
frequency
Savings   deposit 4.0% 4.0% 0.0% Annually
1 year Time Deposit 5.5% 5.5% 0.0% Quarterly
2 year Time Deposit 5.5% 5.5% 0.0% Quarterly
3 year Time Deposit 5.5% 5.5% 0.0% Quarterly
5 year Time Deposit 6.7% 6.7% 0.0% Quarterly
5 year Recurring Deposit 5.8% 5.8% 0.0% Quarterly
5 year Senior Citizen Savings Scheme 7.4% 7.4% 0.0% Quarterly & Paid
5 year Monthly Income Account 6.6% 6.6% 0.0% Monthly and Paid
5 year National Savings Certificate 6.8% 6.8% 0.0% Annually
Public Provident Fund 7.1% 7.1% 0.0% Annually
Kisan Vikas Patra 6.9% 6.9% 0.0% Annually
Sukanya Samriddhi Yojana 7.6% 7.6% 0.0% Annually

Post office Small Saving Schemes - Details

SCHEMES Min. Deposit Max. Deposit Min. Balance Tenure
Savings deposit Rs.20 No Limit Rs.500 N/A
1 year Time Deposit Rs.200 No Limit Rs.1000 1 year
2 year Time Deposit Rs.200 No Limit Rs.1000 2 years
3 year Time Deposit Rs.200 No Limit Rs.1000 3 years
5 year Time Deposit Rs.200 No Limit Rs.1000 5 years
5 year Recurring Deposit Rs.10 per month No Limit Rs.100 5 years
5 year Senior Citizen Savings Scheme Rs.1000 15 Lakhs Rs.1000 5 years
5 year Monthly Income Account Rs.1500 Rs.4.5 lakhs for Single &
Rs.9.0 lakhs for Joint a/c
Rs.1000 5 years
5 year National Savings Certificate Rs.100 No Limit Rs.1000 5 years
Public Provident Fund Rs.500 Rs.1.5 lakhs Rs.1000 15 years
Kisan Vikas Patra Rs.1000 No Limit Rs.1000 10 years 4Months
Sukanya Samriddhi Yojana Rs.1000 Rs.1.5 lakhs Rs.250 21 years
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Trend of Post Office Small Saving Scheme Interest Rates

Here is the last few years of  interest rates trend which would give an idea to the depositor how these interest rates are rising and falling.

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