Post Office Scheme: Do you know that from July 1, 2024, Post Office account holders will see a change in the interest rate? Yes, if your account is also included in any scheme of Post Office, then from July 1, you can see a change in it.
Post Office Scheme 2024
In this article we will analyze the interest rates of all the schemes being run in the Post Office from July 1, 2024. If you are also involved in any scheme of Post Office, then it is very important for you to know this information.
How much interest will you get?
If you have a normal savings account in Post Office, then you will see 4% interest rate here. From July 1, 2024, recording deposit account holders will get to see 6.7% interest rate. Some people also know RD scheme as recording deposit.
People who have invested in Monthly Income Scheme (MIS) in Post Office will see 7.4% interest rate. Now let’s talk about Post Office Time Deposit Scheme. In one year you get 6.9% interest rate. Not only this, you get 7% interest rate in two years and if you run the time deposit scheme for 3 years then you get 7.1% interest rate. If you follow the time deposit scheme for five years, you will also get an interest rate of 7.5 per cent.
Now we will discuss the Kisan Vikas Patra scheme of Post Office, which some people also know as KVP scheme. In this scheme you get 7.5% interest rate. If you have invested money in the Public Provident Fund (PPF) scheme of Post Office, then you will see an interest rate of 7.1%. In Sukanya Samriddhi Yojana you get an interest rate of 8.2 percent.
Post Office also has a National Savings Certificate Scheme, which some people also know as Post Office National Savings Certificate Scheme. In which you currently get an interest rate of 7.7 percent. Lastly we will discuss the SCSS scheme or Senior Citizen Savings Scheme. Currently an interest rate of 8.2% is seen on this scheme.
