Government of India, Postal Department interest rate for the period 01.04.2017 to 30.06.2017

Post office investment Schemes	Rate of Interest in %	Minimum/Maximu m DepositAmount inRs.	MaturityPeriod / Amount in Rs.	Remarks
SB Account (SB)	4%	Min Rs50 Max unlimited	No maturity period.Every year Interestwill be paid as per their savings.	ATM facility available. No service charge for PO ATM withdrawal. Free SMS service.
RDAccount (RD)5Years	7.2%	Monthly MinRs.10 Maximum NoLimit	For Monthly Rs.1000investment 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Maximum Rs.4.5lakh for single Rs.9 lakhs for joint	For Rs.100500/- Monthly interest Rs 637	Monthly interest can be withdrawn.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 SB rate of interest
2 Years Time Deposit (2YearsTD)	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 (3YearsTD)	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 (5YearsTD)	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 SB interest.Can claim IT exemption under 80C
Senior Citizen Scheme (5 years)	8.4%	Multiples of Rs.1000/- Maximum Rs.15lakhs	For Rs.1lakh Rs.2025 interest for every 3 months	For retired govt employees and above 60 years age citizens. Investment can be claimed under 80c
Sukanya Samridhi Account (Forbelow 10yearsage girlchild)	8.4%	Minimum Rs.1000/- Deposit Multiples of Rs.100.Maximum Rs.1.5 lakhsfor 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. Maturity 21 years. New scheme launched by the 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 lakhsfor the F.Y	If monthlycontribution is Rs1000/ for 15 years total contribution is 180000/- Maturity amount is Rs337135 (approximately)	For Savings and Income tax concession purpose
Kisan Vikas Patra (KVP) 100 months	7.6% Doubles in 9 years 5 months	Multiples ofRs.1000/ Maximum Nolimit	For 1lakhinvestment, 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 concession  purpose

Compiled by Shri. K.Kalimuthu Postmaster Grade I, Subramaniapuram LSG S.O, Madurai. 625011. Mobile 9566330927.