Professional Documents
Culture Documents
Post Office
Post Office
Post Office
No.
Scheme
Post Office
Savings
Account
5Year
Post
Office
Recurring
Deposit
Account
Post Office
Time Deposit
Account
4.0%per annum on
individual/ joint
Accounts.
8.4%
per annum
(quarterly compounded)
TDS
&
Tax Rebate
10 % TDS on interest
up to 10,000 per year
10 % TDS on interest
up to 10,000 per year
Maximum
investment
limit is Rs.4.5 lakhs in
single account and Rs.
9 lakhs in joint account.
10 % TDS on interest
up to 10,000 per year
10 % TDS on interest
up to 10,000 per year
10 % TDS on interest
up to 10,000 per year
interest
rates are as follows
Post Office
Monthly
Income
Account
Scheme
Senior Citizen
Savings
Scheme
Period Rate
1yr.A/c 8.40%
2yr.A/c 8.40%
3yr.A/c 8.40%
5yr.A/c 8.50%
8.40% per annum payable monthly.
15 year Public
Provident
Fund Account
8.70%
per annum
(compounded yearly).
National
Savings
Certificates
(NSC)
5 Years
National
Savings
Certificate
10 Years
National
Savings
Certificate
Minimum .
500/Maximum
Rs. 1,50,000/in
a financial year.
Deposits can be made in
lump sum
or in 12
Installments.
Minimum . 100/No
maximum limit available
in
Denominations of .
100/,
500/,
1000/,
5000/&
. 10,000/.
Minimum . 100/No
maximum limit
available in
denominations of .
100/,
500/,
1000/,
5000/&
10,000/.
Minimum . 100/No
maximum limit
available in
denominations of .
100/,
500/,
10
Kisan Vikas
Patra (KVP)
Amount Invested
doubles in 100 months
(8 years & 4 months)
11
Sukanya
Samriddhi
Accounts
1000/,
5000/
10,000/.
Available in
denominations of Rs
1,000,
5000,
10,000,
50,000.
Minimum deposit Rs
1000 and no maximum
limit.
Minimum. 1000/and
Maximum. 1,50,000/in
10 % TDS on interest
up to 10,000 per year
No TDS on interest