Dataset refreshed 26 Sept 2026

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.

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All schemes at a glance

Sovereign-guaranteed (Consolidated Fund of India) · Not DICGC-insured · Rates effective 26 Sept 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
Suryoday Small Finance Bank
Suryoday
 8.25% 5 Years DICGC-insured up to ₹5 lakh
DCB Bank
DCB
 7.50% 60 months to 61 months DICGC-insured up to ₹5 lakh
Ujjivan Small Finance Bank
Ujjivan
 7.30% 5 years 1 day DICGC-insured up to ₹5 lakh
Equitas Small Finance Bank
Equitas
 7.10% 2 years 1 day 776 days DICGC-insured up to ₹5 lakh
Utkarsh Small Finance Bank
Utkarsh
 7.00% 4 Years to 5 Years DICGC-insured up to ₹5 lakh
Capital Small Finance Bank
Capital
 7.00% 5 Years and upto 10 Years DICGC-insured up to ₹5 lakh
Telangana Grameena Bank
TGB
 7.00% 5 year to 10 years DICGC-insured up to ₹5 lakh
Yes Bank
Yes
 6.75% 60 months 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 .

About these rates

Rates are compiled across India's banks and refreshed daily; 65 banks are scraped directly from their official sites, the rest from aggregated sources. Bank deposits are DICGC-insured up to ₹5 lakh; Post Office savings schemes carry a sovereign guarantee (Government of India). Verify on the bank's site before investing.