Expected DA Calculator from January 2021 (Updated Nov 2020)Post Office Savings Scheme Interest Rates on Post Office Saving Deposit, Public Provident Fund (PPF), Fixed Deposit (FD), Recurring Deposit (RD), National Savings Certificate (NSC), Kisan Vikas Patra (KVP)
No changes in the interest rates for post office small savings schemes including PPF and NSC. The Central Govt notified the interest rates for the period from January to March 2020.
| Scheme | Rate of interest |
| Post Office Saving Deposit | 4.0% |
| 1 Year Time Deposit | 6.9% |
| 2 Year Time Deposit | 6.9% |
| 3 Year Time Deposit | 6.9% |
| 5 Year Time Deposit | 7.7% |
| 5 Year Recurring Deposit | 7.2% |
| 5 Year Senior Citizen Account Scheme | 8.6% |
| 5 Year Monthly Income Account | 7.6% |
| 5 Year National Savings Certificate | 7.9% |
| Public Provident Fund Scheme | 7.9% |
| Kisan Vikas Patra | 7.6% (will mature in 113 months) |
| Sukanya Samriddhi Account Scheme | 8.4% |
Post Office Fixed Deposit (FD) Interest Rate 2020
Income Tax Deduction on Investment
The following saving schemes are under Income Tax deduction on Investment
- Post Office 5 Year Time Deposit (Interest Rate 7.7%)
- Public Provident Fund Scheme (Interest Rate 7.9)
- Sukanya Samriddhi Account Scheme (Interest Rate 8.4)
- Public Provident Fund Scheme (Interest Rate 7.9)
- 5 Year Senior Citizen Account Scheme (Interest Rate 8.6)
Post Office Scheme Interest Rates Table 2020
Income Tax Deduction on Interest
The following saving schemes are under Income Tax deduction on Interest
- Post Office Saving Deposit (Interest Rate 4.0)
- 1 Year Time Deposit (Interest Rate 6.9)
- 2 Year Time Deposit (Interest Rate 6.9)
- 3 Year Time Deposit (Interest Rate 6.9)
- 5 Year Time Deposit (Interest Rate 7.7)
- 5 Year Recurring Deposit (Interest Rate 7.2)
- 5 Year Senior Citizen Account Scheme (Interest Rate 8.6)
- Kisan Vikas Patra (Interest Rate 7.6)
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