Rates verified from official source

Post Office Savings Schemes
deposit rates

Top scheme rate
8.20%
21 Years · Sukanya Samriddhi Yojana (SSY)
Senior Citizen Savings
8.20%
5 Years · Senior Citizen Savings Scheme (SCSS)
Savings rate
4.00%
All balances
1-year FD rank
#1
of 1 government savings schemes · 6.90%

Post Office Savings Schemes (POSS) is a Government of India small savings scheme, run through the post office network, headquartered in New Delhi, established in 1882.

Headquarters
New Delhi
Established
1882
Ownership
Government of India (Ministry of Finance, Department of Economic Affairs), operated through the Department of Posts
Operates in
All India (nationwide)
Financial health
Standalone CRAR / NPA figures are not published separately for this bank. Government savings schemes are not banks and carry no CRAR/NPA — deposits are backed by a sovereign guarantee instead.
1-year FD rate
6.90%
government scheme average unavailable
Peer rank
#1
of 1 government savings schemes
Recent movement
unchanged

Rates as of 1 Jul 2026, verified from official source. Government of India small savings scheme — not a bank deposit; backed by a sovereign guarantee (Consolidated Fund of India), not DICGC insurance.

Scheme calculator

Estimate returns for each small savings scheme

₹
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Fixed Deposit rates

Rates for deposits below ₹3 crore · General vs Senior · trend over time

6%6.25%6.50%6.75%7%7.25%7.50%7.75% 1 Year: 6.90% 2 Years: 7.00% 3 Years: 7.10% 5 Years: 7.50% 1y2y3y5y 6.907.007.107.50 General

No Senior FD rate data available.

No additional super-senior premium — showing Senior rates.

TenureGeneralSeniorTrendApplies to
1 Year
6.90% — Any amount
2 Years
7.00% — Any amount
3 Years
7.10% — Any amount
5 Years
7.50% — Any amount
Source ↗

Small Savings Schemes

Government-backed small savings — sovereign guarantee, not DICGC-insured

SchemeRateLimit / eligibilityTrend
National Savings Certificate (NSC)
5 Years
7.70%
Any amount
—
Monthly Income Scheme (MIS)
5 Years
7.40%
Up to ₹9 lakh
—
Kisan Vikas Patra (KVP)
9 Yrs 7 Mo
7.50%
Any amount
—
Public Provident Fund (PPF)
15 Years
7.10%
Up to ₹1.5 lakh/yr
—
Sukanya Samriddhi Yojana (SSY)
21 Years
8.20%
Up to ₹1.5 lakh/yr
—
Source ↗

Recurring Deposit rates

Rates for deposits below ₹3 crore · general vs senior citizen · trend over time

TenureGeneralSeniorTrendApplies to
5 Years
6.70% — Any amount
Source ↗

Savings account rates

Rates for deposits below ₹3 crore · general vs senior citizen · trend over time

TenureGeneralSeniorTrendApplies to
Any tenure
4.00% — All balances
Source ↗

Good to know

Post Office Savings Schemes is a Government of India small savings scheme (not a bank deposit), backed by a sovereign guarantee via the Consolidated Fund of India — not DICGC insurance. Unlike bank FDs, Time Deposit and RD rates are the same for all ages — no senior citizen premium. The Senior Citizen Savings Scheme (SCSS) at 8.20% (5-year) is shown in the FD table for seniors; it has a ₹30 lakh investment cap, pays interest quarterly, and is available to those 60+ years of age (or 55+ on retirement). For comparison, top banks offer Suryoday 8.25%, DCB 7.50%, Ujjivan 7.30% on 5-year FDs (DICGC-insured up to ₹5 lakh, vs. sovereign guarantee here). See the full Post Office schemes guide .

Informational only — always confirm the current rate on the official POSS website before investing. Bank names and associated colors are used for identification purposes only. All bank names, logos, and trademarks are the property of their respective owners. RateScan.in is not affiliated with, endorsed by, or sponsored by any bank.