REVISED RATES OF INTEREST IN POST OFFICE SAVINGS SCHEME
i) POST OFFICE TIME DEPOSIT SCHEME
|Period of Deposit||Rate of interest per annum for Deposits made on or after 1.3.2002 but before 28.2.2003||Rate of interest per annum ( for Deposits made on or after 1.3.2003|
|1 year TD||7.25 %||6.25 %|
|2 year TD||7.50 %||6.50 %|
|3 year TD||8.25 %||7.25 %|
|5 year TD||8.50 %||7.50 %|
ii ) POST OFFICE MONTHLY INCOME ACCOUNT SCHEME :
The deposits made on or after the 1st day of March 2003 shall bear the interest at the rate of 8 % per annum.
iii ) NATIONAL SAVINGS CERTIFICATE ( VIII ) ISSUE :
|The year for which interest accrues||Amount of interest (Rs.) accruing on certificates of Rs.100/- denomination|
|For NSCs of Denomination||01.03.2002 to 28.02.2003 ( Rupees )||01.03.2003 onwards ( Rupees )|
iv ) PUBLIC PROVIDENT FUND :
The subscription made to the fund on or after the 1st day of March 2003 and balances at the credit of the subscriber shall bear interest at the rate of 8 % per annum.