The interest rate on post office savings account (POSA) is 4% p.a. . The interest will be allowed for a calendar month on the lowest balance at the credit of an account between the close of the 10th day and the end of the month. Such interest will be credited to the account at the end of each year. Post Office Savings Bank (POSB) Schemes Interes Rate Chart Overview (w.e.f. 01.07.2024 to 30.09.2024) Here’s a snapshot of some popular Post Office Savings Schemes and their features: Senior Citizen Savings Scheme (SCSS): Offers an interest rate of 8.2% per annum for a tenure of 5 years. Sukanya Samriddhi Yojana (SSA): Provides 8.2% interest per annum with a maturity period of 21 years, aimed at securing the future of girl children. National Savings Certificate (NSC): Offers 7.7% interest ... Post Office Savings Bank Schemes – Interest Rates 2024 & Maturity Values Table for the period starting from January 1, 2024, to March 31, 2024. Post Office Savings Account (POSA) is a deposit scheme under the Government of India, operational at all post offices in the country. It yields returns on your investment at a fixed interest rate of 4% p.a. which is decided by the Reserve Bank of India (RBI).
