Post Office Savings Account (SB)
Rate of Interest: 4% per annum
Simple Interest
Saving Schemes
Post Office Saving Schemes
Post offices in India offer small savings schemes to citizens across diverse sectors. These schemes encompass a range of instruments with competitive interest rates and tax benefits. Popular among these are the Public Provident Fund (PPF), Sukanya Samriddhi Yojana, and Kisan Vikas Patra, each serving as a valuable avenue for wealth creation. These initiatives cater to the financial needs of individuals from various walks of life, fostering a culture of savings and investment. With widespread accessibility and the assurance of government backing, post office small savings schemes contribute significantly to financial inclusion and empower citizens to secure their financial future. Access your ePassbook (opens in a new tab)
Net Banking
Operate your Post Office Savings Account online - open RD/TD accounts, deposit into RD, PPF and SSA, and view your transaction details.
Go to Net Banking (opens in a new tab)
National Savings Recurring Deposit Account (RD)
Rate of Interest: 6.7% per annum
(quarterly compounded)
Post Office Monthly Income Scheme Account (MIS)
Rate of Interest: 7.4% per annum
payable monthly
Senior Citizens Savings Scheme Account (SCSS)
Rate of Interest: 8.2% per annum
Public Provident Fund Account (PPF)
Rate of Interest: 7.1% per annum
(compounded yearly)
Sukanya Samriddhi Account (SSA)
Rate of Interest: 8.2% per annum
calculated on yearly basis, Yearly compounded.
National Savings Time Deposit Account (TD)
Rate of Interest: 6.9% to 7.5%
Interest rates vary based on the period.
Kisan Vikas Patra (KVP)
Rate of Interest: 7.5% (compounded yearly)
Amount Invested doubles in 115 months (9 years & 7 months)
Mahila Samman Savings Certificate, 2023
Rate of Interest: 7.5%
(compounded Quarterly)
National Savings Certificates (VIII Issue) (NSC)
Rate of Interest: 7.7%
payable at maturity (compounded yearly)
PM CARES for Children Scheme, 2021
Rate of Interest: NA
Interest Rates (New)
Rate of Interest: NA
Frequently Asked Questions
Quick answers on eligibility, tax benefit, nomination, account transfer and access.
The ePassbook facility is available for Post Office Savings Bank (POSB) account holders. You can view your account details, balance and transaction history online without visiting a post office.
What you can do
Balance Enquiry
Check your current account balance at any time.
Mini StatementCurrently available for SB, PPF and SSA schemes only.
View the last 5 transactions on your account.
Full StatementWill be introduced for POSB schemes in a phased manner.
Download a complete statement for any date range.
How to use ePassbook
1
Register at the India Post Internet Banking portal using your account number and CIF ID.
2
Log in and navigate to the ePassbook section.
3
Select your account and the type of statement you need.
4
View online or download your ePassbook as a PDF.