Latest interest rates for all Post Office savings schemes
Government notified rates effective from Q3 FY 2025
| Scheme Name | Interest Rate (% p.a.) | Compounding | Tenure |
|---|---|---|---|
💰 Post Office Savings Account Regular savings account | 4.0% | Annually | No fixed tenure |
💰 Recurring Deposit Account (RD) Monthly savings scheme | 6.7% | Quarterly | 5 years |
🏦 Time Deposit Account (TD) Fixed deposit scheme | 6.9% | Annually | 1-5 years |
📅 Monthly Income Scheme (MIS) Monthly income scheme | 7.4% | Monthly payouts | 5 years |
👧 Sukanya Samriddhi Account (SSA) Girl child savings scheme | 8.2% HIGHEST | Annually | 21 years |
🌾 Kisan Vikas Patra (KVP) Money doubling scheme | 7.5% | Annually | 9 years and 7 months |
📜 National Savings Certificate (NSC) Tax saving certificate | 6.8% | Annually | 5 years |
👴 Senior Citizens Savings Scheme (SCSS) For senior citizens only | 8.2% HIGHEST | Quarterly | 5 years |
🏛️ Public Provident Fund (PPF) Long-term tax saving | 7.1% | Annually | 15 years |
An interest rate is the percentage your money earns over time when you invest in a scheme or deposit. It’s like a “thank you” payment from the bank or post office for letting them use your money for a while. A higher interest rate means your savings will grow faster.
Interest rates change because of the economy, inflation, and government policies. When inflation is high, rates may increase to control it, and when the economy slows, rates may reduce to encourage spending and investment.
No, you will continue to get the rate applicable at the time of opening your RD, which is 5.8% in your case, until maturity. Post office Recurring Deposits lock in the interest rate at the time of investment, even if rates change later.
If you open a new RD today, you will get the current interest rate of 6.7% locked in for the entire 5-year tenure, even if rates go up or down in the future.
No, the post office Time Deposit (TD) interest rate is also locked at the time of opening. If you opened at 6.6%, you will continue to get 6.6% until maturity, even if the rates increase later. To get the new 7.1%, you would need to open a fresh TD at the current rate.
No, under the Post Office Monthly Income Scheme (MIS), the interest rate is fixed when you open the account and remains the same throughout the 5-year tenure. If you opened it at 7.4%, you will continue to get that rate monthly. To get the new higher rate of 7.7%, you would need to open a new MIS account with fresh investment.
Post office interest rates are reviewed and may change every quarter (three months) based on government decisions and market conditions. Always check the latest rates before making a new investment.
The Government of India has announced the latest Post Office savings scheme interest rates for the July to September 2025 quarter. These schemes are known for offering safe, government-backed returns — often better than traditional bank fixed deposits.
Whether you're saving monthly through Recurring Deposit (RD), planning long-term with PPF, SCSS, or NSC, or looking for tax-saving options — Post Office schemes suit every type of investor.
The table below shows the updated interest rates for each scheme this quarter. Once you open an account, the interest rate stays fixed for its full tenure, helping you plan your returns in advance.
Want to estimate your returns? Try our easy-to-use Post Office Interest Calculator and plan your investment smartly.
Note: Interest rates are reviewed and updated by the Ministry of Finance every quarter.
