Post office Schemes Current Interest Rates 2022 : Post office all schemes interest rates & benefits, know all details here

Post office savings schemes can come in handy for you to save. You can earn good interest by investing in them. If you are not aware about the post office schemes, then let us tell you about them.

Everyone should definitely save. However, saving does not mean keeping the money in the cupboard of the house or leaving it in your bank account. Investing money well justifies the savings. There are two types of investment. Some are those which are subject to market risks and some are investments which have nothing to do with market volatility.

Such are the post office savings schemes. You get safe returns when you invest in post office savings schemes. But, many people are not aware of these schemes. So, in such a situation, today we give you information about the name of post office savings schemes and the interest rate you get on investing in those savings schemes.

Post Office Savings Schemes

• Post office savings account
• Post Office Recurring Deposit Account (RD)​
• Post Office Fixed Deposit Account (TD)
• Post Office Monthly Income Scheme Account (MIS)​
• Senior Citizen Savings Scheme (SCSAs)​
• Public Provident Fund Account (PPF)​
• Sukanya Samriddhi Account
• National Savings Certificate (NSC)
• Kisan Vikas Patra (KVP)​

Interest Rates on Post Office Savings Schemes

• Post office savings account earns an interest rate of 4.0 per cent per annum.
• Post Office Recurring Deposit Account (RD) offers an interest rate of 5.8%. Interest adds up quarterly.
• Post Office Fixed Deposit Account (TD) fetches interest ranging from 5.5 per cent to 6.7 per cent, compounded quarterly.
• Post Office Monthly Income Scheme Account (MIS) offers an interest rate of 6.6%.
• The Senior Citizen Savings Scheme (SCSA) offers an interest rate of 7.4 per cent.
• Public Provident Fund Account (PPF) earns an interest rate of 7.1% per annum.
• Sukanya Samriddhi Account offers an interest rate of 7.6 per cent per annum.
• National Savings Certificate (NSC) offers an interest rate of 6.8 per cent per annum.
• Kisan Vikas Patra (KVP) offers an interest rate of 6.9 per cent per annum.