SB Order 26/2022 – Post Office Interest Rate from 1st January 2023

SB Order 26/2022 – Regarding Revision in Interest Rate in Small Savings Scheme w.e.f. 1st January 2023

Letter NumberF. No 113-03/2017-SB(Pt.1)
Letter Dated30.12.2022
Issued byDepartment of Posts (Financial Services Division)
SubjectSB Order 26/2022 – Revision in Interest Rate from 1st January 2023
Signed ByAD (SB-I)
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The undersigned is directed to say that, vide memorandum No. 01/04/2019-NS dated 30.12.2022 (copy enclosed), Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has informed that the rate of interest on various Small Savings Schemes (National Savings Schemes) for the third quarter of financial year 2022-23 (starting from 1st January, 2023 and ending on 31st March, 2023) have been revised as under.

SI NoInstrument / SchemeRate of Interest
from 01.10.2022
to 31.12.2022
Rate of Interest
from 01.01.2023
to 31.03.2023
1.Post Office Savings Account4.04.0
2.1 Year Time Deposit5.56.6
3.2 Year Time Deposit5.76.8
4.3 Year Time Deposit5.86.9
5.5 Year Time Deposit6.77.0
6.5 Year Recurring Deposit5.85.8
7.Senior Citizen Savings Scheme7.68.0
8.Monthly Income Account Scheme6.77.1
9.Sukanya Samriddhi Account Scheme7.67.6
10.Public Provident Fund Scheme7.17.1
11.National Savings Certificate6.87.0
12.Kisan Vikas Patra7.0 (124 Months)7.2 (120 Months)

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