Please find below latest savings rate from Post office for your investments. Post Office needs to be more dynamic and now like banks one should be able to draw money from any post office. They need to get their whole system computerised with all post offices interlinked. It is also a giant which is sleeping and once it wakes up all will be biting their teeth seeing its phenomenal profit potential.
| Instrument | Present Rates | Proposeed |
|---|---|---|
| Saving Deposit Account | 3.50% | 4.00% |
| 1 Year Term Deposit (T.D.) | 6.25% | 7.70% |
| 2 Year Term Deposit (T.D.) | 6.50% | 7.80% |
| 3 Year Term Deposit (T.D.) | 7.25% | 8.00% |
| 5 Year Term Deposit (T.D.) | 7.50% | 8.30% |
| 5 Year Recurring Deposit (R.D.) | 7.50% | 8.00% |
| 5 Year M.I.S. (Changed – 6 Yrs to 5 Yrs) | 8.00% | 8.20% |
| 5 Year N.S.C. (Changed – 6 Yrs to 5 Yrs) | 8.00% | 8.40% |
| 10 Year N.S.C. - New Instrument | _ | 8.70% |
| PPF | 8.00% | 8.60% |
| 5 Year SCSS-2004 (Senior Citizen Saving Scheme) | 9.00% | 9.00% |
