Central govt. has revised Post Office Savings Schemes Interest Rates for 1 January 2022 to 31 March 2022 (4th quarter of FY 2021-22). New Post Office Savings Schemes Interest Rate Table has now been released. The new interest rates on post office schemes has been kept unchanged 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 Savings Schemes Interest Rate Table 2022 which shows the current rate of interest for various post office schemes applicable for 1 January 2022 to 31 March 2022 duration.
In the recent notification by Finance Ministry on 31 December 2021, interest rate on all Post Office Savings Schemes have been kept unchanged. 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 Savings Schemes Interest Rate Table (1 Jan to 31 March 2022)
Here is the complete table showing the current rate of interest for post office savings scheme applicable from 1 January 2022 to 31 March 2022:-
To get more details on Post Office Savings Schemes, visit the official website indiapost.gov.in. The interest rate has remained constant since April 2020. Despite the low interest rates of Post Office Saving Schemes, these instruments are still attractive for investors who want to invest in safe products.
Unchanged PO Savings Scheme Interest Rate
In this Post Office Interest Rates Table 1 January 2022 to 31 March 2022, it is quite clear that the rate of interest for all post office saving schemes have been kept unchanged. Interest Rates on PPF is 7.1%, KVP at 6.9% (maturity in 10 years 4 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 for unchanged interest rates on post office savings scheme is taken to keep small investors money safe as the Coronavirus (COVID-19) threat is still prevailing in various states.