Post office investment Schemes
|
Rate of
Interestin
%
|
Minimum/Maximu m
Deposit Amount in Rs.
|
MaturityPeriod / Amount inRs.
|
Remarks
|
SB Account
(SB)
|
4%
|
Min Rs50
Max unlimited
|
No maturity period.Every year Interestwill be paid as
per their savings.
|
ATM facilityavailable. No service charge for PO ATM
withdrawal. Free SMS service.
|
RD Account
(RD)5Years
|
7.2%
|
Monthly MinRs.10
Maximum NoLimit
|
For Monthly Rs.1000 investment Maturity
amount is Rs.72315
|
Monthly Recurring Deposit. After 3 years Premature closure
is allowed.
|
Monthly Income Scheme (MIS) 5
Years
|
7.6%
|
MinimumMultiples of Rs.1500/-
Maximum
Rs.4.5 lakh for single
Rs.9 lakhs for joint
|
For Rs.100500/- Monthly interest Rs 637
|
Monthly interest can be withdrawn.
After 2/3 years premature closure is allowed with 2%/1%
deduction.
|
1 YearTime Deposit (1year TD)
|
6.9% (quarterly compound)
|
MinimumMultiples of Rs.200/ Maximum Nolimit
|
For Rs.10000investment
Maturity amount Rs.10708
|
1 year Fixed deposit. Can be closed prematurely after 6 months with SBrate of interest
|
2 Years Time Deposit (2Years TD)
|
7.0% (quarterly compound)
|
MinimumMultiples of Rs.200/ Maximum Nolimit
|
For Rs.10000investment
Maturity amount Rs.11437
|
2 years Fixed deposit. Can be closed prematurely after 6 months with SB interest
|
3 Years
Time Deposit (3Years TD)
|
7.2% (quarterly compound)
|
MinimumMultiples of Rs.200/ Maximum Nolimit
|
For Rs.10000investment
Maturity amount Rs.12219
|
3 years Fixed deposit. Can be closed prematurely after 6 months with SB interest
|
5 Years Time Deposit
(5Years TD)
|
7.7% (quarterly compound)
|
MinimumMultiples of Rs.200/ Maximum Nolimit
|
For Rs.10000investment
Maturity amount Rs.13963
|
5 years Fixed deposit. Can be closed prematurely after 6 months with SBinterest. Can
claim IT exemption under 80C
|
Senior
Citizen Scheme (5 years)
|
8.4%
|
Multiples of
Rs.1000/- Maximum Rs.15 lakhs
|
For Rs.1lakh
Rs2025 interest for every 3 months
|
For retired govt employees and above 60 years age citizens.
Investment can beclaimed
under 80c
|
Sukanya
Samridhi
Account
(Forbelow
10years age girl child)
|
8.4%
|
Minimum Rs.1000/- Deposit Multiples of Rs.100.Maximum Rs.1.5 lakhs for the F.Y
|
If monthly contribution is
Rs1000/ for 14 years total contribution is 168000/-
Maturity value would be
approximately Rs570205 (approximately)
|
Depositing period 14 years.
Maturity21 years.
New scheme launched bythe Govt of India, to the welfare of girl children. Can claim IT exemption under 80c
|
PPF Period 15 years
|
7.9%
|
Minimum Rs.500/- Deposit Multiples of
Rs.100.Maximum Rs.1.5 lakhs for the F.Y
|
If monthlycontribution is
Rs1000/ for 15 years total contribution is 180000/-
Maturity amount is
Rs337135 (approximately)
|
For Savings and Income tax concessionpurpose
|
Kisan Vikas
Patra (KVP)
100 months
|
7.6% Doubles in 9
years 4 months
|
Multiples ofRs.500/ Maximum Nolimit
|
For 1lakh investment, maturity Rs.2 Lakhs
|
Investment will be doubled in
114 months
|
National
Savings Certificate (NSC)
5 years
|
7.9% (quarterly compound interest)
|
Minimum Rs.100/ Maximum Nolimit
|
For Rs.10000Maturity amountRs.14625
|
For Income tax concessionpurpose
|
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