Post Office Savings Schemes

PPF, NSC, SCSS, KVP, MIS, SSY: all current rates in one place. Sovereign-guaranteed by the Government of India, revised quarterly.

All schemes at a glance

Sovereign-guaranteed (Consolidated Fund of India) · Not DICGC-insured · Rates effective 14 Nov 2026

Scheme Rate Tenure Investment limit Payout
Senior Citizen Savings Scheme (SCSS)
Age 60+ (or 55+ on retirement)
 8.20% 5 Years Up to ₹30 lakh Quarterly
Sukanya Samriddhi Yojana (SSY)
Girl child (below 10 years)
 8.20% 21 Years Up to ₹1.5 lakh/yr At maturity
National Savings Certificate (NSC)
Any resident Indian
 7.70% 5 Years No upper limit At maturity
Post Office Time Deposit
Any resident Indian
 7.50% 5 Years No upper limit At maturity
Kisan Vikas Patra (KVP)
Any resident Indian
 7.50% 9 Yrs 7 Mo No upper limit At maturity
Monthly Income Scheme (MIS)
Any resident Indian
 7.40% 5 Years Up to ₹9 lakh Monthly
Post Office Time Deposit
Any resident Indian
 7.10% 3 Years No upper limit At maturity
Public Provident Fund (PPF)
Any resident Indian
 7.10% 15 Years Up to ₹1.5 lakh/yr At maturity
Post Office Time Deposit
Any resident Indian
 7.00% 2 Years No upper limit At maturity
Post Office Time Deposit
Any resident Indian
 6.90% 1 Year No upper limit At maturity
Post Office RD
Any resident Indian
 6.70% 5 Years No upper limit At maturity
Post Office Savings
Any resident Indian
 4.00% Any tenure No upper limit On withdrawal

How do top bank FDs compare?

Best 5-year general FD rate · DICGC-insured · tap a bank for full profile

Bank 5-yr FD Rate Tenure Insurance
Bilagi Pattan Sahakari Bank Niyamit, Bilagi
Bilagi Pattan Sahakari Bank
 9.75% 60 Months & Above DICGC-insured up to ₹5 lakh
Maharana Pratap Co-operative Urban Bank Ltd.
Maharana Pratap Co-op Urban Bank
 9.25% Above 4 Years To 5 Years DICGC-insured up to ₹5 lakh
Shri Chatrapati Shivaji Maharaj Sahakari Bank Niyamith
Chatrapati Shivaji Maharaj Sahakari Bank
 9.00% Above 4 Years DICGC-insured up to ₹5 lakh
The Kakatiya Co-operative Urban Bank Ltd.
Kakatiya Co-op Urban Bank
 9.00% above 5 years DICGC-insured up to ₹5 lakh
The Kalna Town Credit Co-operative Bank Ltd.
Kalna Town Credit Co-op Bank
 9.00% Above 5 Years DICGC-insured up to ₹5 lakh
Proddatur Co-operative Town Bank Ltd.
Proddatur Town Bank
 9.00% 1826 days and above DICGC-insured up to ₹5 lakh
Parner Taluka Sainik Sahakari Bank Ltd.
Parner Taluka Sainik Bank
 8.75% 60 months to 120 months DICGC-insured up to ₹5 lakh
The Maratha Co-operative Bank Ltd.
Maratha Co-op Bank (Belagavi)
 8.50% 5 Years DICGC-insured up to ₹5 lakh

Bank FDs are DICGC-insured up to ₹5 lakh (principal + interest). Post Office schemes carry a sovereign guarantee, backed by the Government of India, not an insurance cap. Compare based on your own risk and liquidity needs.

Key things to know

  • Sovereign guarantee: backed by the Consolidated Fund of India; no DICGC cap applies.
  • PPF: 15-year lock-in; partial withdrawals from year 7; ₹1.5 lakh/year limit; interest tax-free (EEE status).
  • SCSS: Quarterly interest payout; ₹30 lakh cap; available to those 60+ (or 55+ on retirement or defence retirees).
  • NSC: 5-year lock-in; interest is reinvested (accrued interest qualifies for 80C deduction each year).
  • KVP: Doubles your money at maturity; no upper limit; 30-month lock-in before premature closure.
  • MIS: Monthly income; ₹9 lakh (single) / ₹15 lakh (joint) cap; no TDS deducted.
  • SSY: Only for girl children; account opened by parent/guardian before the girl turns 10; matures 21 years from account opening; EEE tax status.
  • Rates revised quarterly by the Ministry of Finance. Verify the current rate at any post office or on indiapost.gov.in .