Post Office Saving Schemes Interest Rates Table 2018 [October to December]

Post office saving schemes interest rates are hiked for 3rd quarter of FY 2018 (Oct to Dec), here is the new hiked interest rates table for PPF, KVP, NSC, TD, RD & MIS

Dated: September 20, 2018 | Updated On: October 4, 2018 | By: Karan Chhabra | | By | Beneficiary of Scheme: |
Post Office Saving Schemes Interest Rates

Central govt. announces the revision of interest rates for all Post Office Small Savings Schemes for 3rd quarter of FY 2018-19. The revised interest rates will remain valid for all post office saving schemes for the duration of 1st October 2018 to 31st December 2018. Here we are providing you the complete post office saving schemes interest rates table 2018.

It is important to note that all the new interest rates in table for 3rd quarter are higher than the previous interest rates (2nd quarter). Now with increased interest rates, people can easily compare all post office savings schemes, analyse them and earns higher rate of interest.

Post Office Schemes such as Recurring Account (RD), Time Deposit (TD), National Savings Certificate (NSC), Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSY), Post Office Savings Bank (PO-SB) and Monthly Income Scheme (MIS) immensely benefit a large section of population.

New Interest Rates of Post Office Saving Schemes

Post office schemes offers small savings options and tax benefits to people especially from middle and lower middle class. Complete table showing the interest rates of various post office small saving scheme is given below:-

Name of Post Office Saving SchemeRate of interest (1 July 2018 to 30 September 2018)Rate of interest (1 October 2018 to 31 December 2018)Compounding frequency
Savings Account Deposit4%4%Annually
Recurring Deposit (RD)6.9%7.3%Quarterly
Senior Citizen Savings Scheme (SCSS)8.3%8.7%Quarterly and paid
Monthly Income Scheme (MIS) Account7.3%7.7%Monthly and paid
National Savings Certificate (NSC)7.6%8%Annually
Public Provident Fund (PPF) Scheme7.68%Annually
Kisan Vikas Patra (KVP)7.3% (will mature in 118 months)7.7% (will mature in 112 months)Annually
Sukanya Samriddhi Account Scheme (SSA)8.1%8.5%Annually
1 Year Time Deposit (TD) Account6.6%6.9%Quarterly
2 Year Time Deposit (TD) Account6.7%7.0%Quarterly
3 Year Time Deposit (TD) Account6.9%7.2%Quarterly
5 Years Time Deposit (TD) Account7.4%7.8%Quarterly

For more details of the post office savings schemes, visit the official link –

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