सभी पोस्ट ऑफिस सेविंग्स स्कीम्स के लिए 1 अप्रैल 2020 से 30 जून 2020 अवधि तक की नयी ब्याज दरें सरकार द्वारा घोषित, चेक करें की पब्लिक प्रोविडेंट फण्ड (PPF), किसान विकास पत्र (KVP), सीनियर सिटीजन्स सेविंग स्कीम (SCSS), रेकरिंग डिपाजिट (RD), टर्म / फिक्स्ड डिपाजिट (TD), नेशनल सेविंग्स सर्टिफिकेट (NSC) & मंथली इनकम स्कीम (MIS) में जमा करने से क्या लाभ होगा
Central govt. has revised Post Office Saving Schemes Interest Rates for 1 April 2020 to 30 June 2020 quarter. The new interest rates on post office schemes has been reduced for this quarter. Check the new interest rates for Time Deposit (TD), Public Provident Fund (PPF), Sukanya Samriddhi account, Senior Citizen Savings Schemes (SCSS), Recurring Deposit (RD), National Savings Certificate (NSC), Kisan Vikas Patra (KVP), Monthly Income Scheme (MIS), PO Savings Deposit Account Schemes.
Interest rates of all popular savings scheme run by the Post Office are revised on a quarterly basis. People can check the post office saving scheme new interest rates table 2020 which shows the current rate of interest for various post office schemes applicable for 1 April 2020 to 30 June 2020 duration.
In the recent notification by Finance Ministry, interest rate on all Post Office Saving Schemes have been reduced. The government recently changed a few rules for PPF accounts for the benefit of account holders. Accordingly, people can now check the new interest rates for all post office savings schemes.
Post Office Interest Rates Table (1 April to 30 June 2020)
Here is the complete table showing the current rate of interest for post office savings scheme applicable from 1 April 2020 to 30 June 2020:-
|Post Office Savings Scheme Name||Interest Rate for 1 April to 30 June 2020||Compounding Frequency||Description about Post Office Scheme|
|Savings Deposit Scheme Account||4%||Annually||Post Office Savings Bank Account (PO-SB) Scheme Details|
|1 Year Time Deposit||5.5%||Quarterly||PO Fixed / Time Deposit (TD) Scheme Account Details|
|2 Year Time Deposit||5.5%||Quarterly|
|3 Year Time Deposit||5.5%||Quarterly|
|5 Year Time Deposit||6.7%||Quarterly|
|Recurring Deposit (5 years)||5.8%||Quarterly||PO Recurring Deposit Account (RD) Details|
|Senior Citizen Savings Scheme (5 years)||7.4%||Quarterly & Paid||Senior Citizens Savings Scheme Account Details|
|Monthly Income Scheme Account (5 years)||6.6%||Monthly & Paid||Monthly Income Scheme (MIS) Account Details|
|National Savings Certificate (5 years)||6.8%||Annually||National Savings Certificate Scheme Details|
|Public Provident Fund Scheme||7.1%||Annually||PPF Post Office Account Details|
|Kisan Vikas Patra||6.9% (maturity in 113 months)||Annually||KVP Scheme Account Details|
|Sukanya Samriddhi Account Scheme||7.6%||Annually||SSA Account Details|
To get more details on Post Office Savings Schemes, visit the official website indiapost.gov.in. Despite the low interest rates of Post Office Saving Schemes, these instruments are still attractive for investors who want to invest in safe products.
Reduction in PO Savings Scheme Interest Rate
In this Post Office Interest Rates Table April to June 2020, it is quite clear that the rate of interest for all post office saving schemes are reduced. Interest Rates on PPF is 7.1%, KVP at 6.9% (maturity in 124 months), Sukanya Samriddhi Account at 7.6%, NSC at 6.8%, MIS at 6.6%, SCSS at 7.4%, RD at 5.8% and Savings deposit still remains at 4%. The decision is to reduce interest rates on post office savings scheme is taken in the wake of growing concern for Coronavirus pandemic.
Previously, RBI had reduce the repo and reverse repo rates which significantly reduces burden on people. This decision is further taken to ensure economic security in this fight against COVID 19. People can compare all post office savings schemes before making investment in these instruments run by the government.Content Source / Reference Link: https://www.ndtv.com/business/ppf-other-small-savings-scheme-interest-rate-small-savings-scheme-rates-cut-for-june-quarter-2203953 SAVE AS PDF