Post Office Investment: Check Current Interest Rates on Various Schemes

Planning to Invest in the Post Office? Here’s What You Need to Know
The government revises post office scheme interest rates every three months, with the next revision scheduled for January 1. If you're considering investing, it's essential to check the current interest rates and choose the best scheme for your financial goals.
Post Office Investment Options
The Post Office offers multiple secure investment schemes with competitive interest rates, often higher than bank FDs and RDs. These include:
✅ Fixed Deposits (FDs)
✅ Recurring Deposits (RDs)
✅ Public Provident Fund (PPF)
✅ Special Schemes Like Sukanya Samriddhi, Senior Citizen Savings Scheme (SCSS), and Kisan Vikas Patra (KVP)
Some of these schemes are exclusive to post offices, making them a unique investment choice.
Latest Interest Rates on Post Office Schemes
Scheme | Interest Rate (%) |
---|---|
Post Office Savings Account | 4.0% |
1-Year Time Deposit | 6.9% |
2-Year Time Deposit | 7.0% |
3-Year Time Deposit | 7.1% |
5-Year Time Deposit | 7.5% |
5-Year Recurring Deposit (RD) | 6.7% |
Senior Citizen Savings Scheme (SCSS) | 8.2% |
Monthly Income Scheme (MIS) | 7.4% |
Public Provident Fund (PPF) | 7.1% |
Sukanya Samriddhi Yojana (SSY) | 8.2% |
National Savings Certificate (NSC) | 7.7% |
Kisan Vikas Patra (KVP) | 7.5% |
Mahila Samman Savings Certificate (MSSC) | 7.5% |
Why Invest in Post Office Schemes?
✔ Government-backed security
✔ Higher returns compared to many bank deposits
✔ Tax benefits under Section 80C (for PPF, NSC, and other select schemes)
✔ Diverse investment options catering to different financial goals
Popular Investment Choices of PM Modi & Smriti Irani
Both National Savings Certificate (NSC) and Mahila Samman Savings Certificate (MSSC) are preferred by many, including Prime Minister Narendra Modi.
- NSC: A 5-year fixed deposit available to all Indian citizens.
- MSSC: A special 2-year scheme designed to promote women's savings—also chosen by former Union Minister Smriti Irani.
Exclusive Post Office Scheme: Monthly Income Scheme (MIS)
The Post Office Monthly Income Scheme (POMIS) is a unique plan that provides a regular income every month.
💡 Key Features of POMIS:
✔ Deposit up to ₹9 lakh in a single account & ₹15 lakh in a joint account.
✔ 5-year maturity period.
✔ Interest rate of 7.4%, offering stable monthly earnings.
Final Thoughts
Post office investment schemes provide safe and reliable returns, making them an excellent alternative to traditional bank deposits. Whether you're saving for retirement, your child’s education, or regular income, these options cater to different needs.
Thinking of investing? Compare your options and choose the best scheme today! 🚀