Revised Interest Rate of POSB Scheme w.e.f April 2018 to June 2018 Order Issued

News & Updates Order & Circular

Government of India, Ministry of Communication,  Department of Post has issued a order on 28.03.2018 having SB Order No. 04/2018 about Revision of Interest Rates of various small savings schemes. Postal Department has been revised their POSB interest rate Quarterly i.e April to June, July to September and October to December January to March,. This is the 1st quarter of the year 2018-2019.

The last quarter department had reduce 0.1% of their Interest  but this quarter has unchanged. Check the Interest Below.

This is the Revised Interest Rate Order

Revised Interest Rate of POSB Scheme:

The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme for the 4th Quarter of financial year 2017-18 is as below:

Instrument Rate of interest w.e.f. 01.04.2018 to 30.06.2018
Savings Deposit 4.0
1 Year Time Deposit 6.6
2 Year Time Deposit 6.7
3 Year Time Deposit 6.9
5 Year Time Deposit 7.4
5 Year Recurring Deposit 6.9
5 Year Senior Citizen Savings Scheme 8.3
5 Year Monthly Income Account 7.3
5 Year National Savings Certificate 7.6
Public Provident Fund Scheme 7.6
Kisan Vikas Patra 7.3 (will mature in 118 months)
Sukanya Samriddhi Account Scheme 8.1

Please Check Previous interest Rate Click Here

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