Name of The Scheme

Limits of Investment

Maturity Period (years)

Rate of Interest (per cent per annum)

Dedu
ctions under
Sec. 80C
of Inc
ome
Tax
Act

Amount
Outsta
nding
at end-
Mar.
2010 P
(`
crore)

Apr-92

Since
Sep.2,
1993

Since
Jan.1,
1999

Since April 1992

Since
Sep.2,
1993

Since
Jan.1,
1999

Since
Jan.15,
2000

Since
Mar.1,
2001

Since
Mar.1,
2002

Since
Mar.1,
2003

1

2

3

4

5

6

7

8

9

10

11

12

13

14

1 Post Office
Savings Bank Accounts

Minimum ` 50 and Maximum ` 1,00,000 for an Individual Account (` 2 lakh jointly)

#

#

#

5.50

5.50

4.50

4.50 ##

3.50 ###

3.50 ###

3.50 ###

No

26458

2 Public Provident Fund 1968

Minimum ` 500 and Maximum ` 70,000 in a Fiscal Year

15

15

15

12.00

12.00

12.00

11.00

9.50

9.00

8.00

Yes

26096

3 Post Office Time Deposit Account

Minimum ` 200 and no Maximum Limit

1,2,3 and 5

1,2,3 and 5

1,2,3 and 5

12.00 to 13.5+

10.50 to 12.5  ++

9.00 to 11.50 +++

8.00 to 10.50 **

7 .50 to 9.00 $

7.25 to 8.50 $$

6 .25 to 7.50 $$$

No

27573

4 Post Office
Recurring Deposit Account

Minimum ` 10 per month or Any Amount in Multiples of ` 5 and No Maximum Limit

5

5

5

13.50

12.50

11.50

10.50

9.00

8.50

7.50

No

62818

5 National Savings Scheme 1992

Minimum `100 and No Maximum Limit

4

4

4

11.00

11.00

11.00

10.50

9.00

8.50

-

Yes

577

6 Post Office
Monthly Income Scheme

Minimum ` 1500 and Maximum ` 4.5 Lakh in Single Account and ` 9 Lakh in Joint Account

6

6

6

14.00

13.00

12.00

11.00

9.50

9.00

8.00

No

201693

7 NSC VIII issue

Minimum ` 100 and No Maximum Limit

6

6

6

12.00

12.00

11.50

11.00

9.50

9.00

8.00

Yes &

54776

8 Indira Vikas Patra

No Limit

5

5 1/2

6

14.87 @

13.43 @

12.25 @

-

-

-

-

No

1022

9  Kisan Vikas Patra

Minimum `100 no Maximum Limit

5

5 1/2

6@@

14.87 @

13.43 @

12.25 @

11.25 @

10.03 @

9.46 @

8.41 @

No

153933

10 Senior Citizens Saving Scheme

Minimum ` 1.000 and Maximum ` 15 Lakh

-

-

5^^

-

-

-

-

-

-

9.00 ^^

No

24989

P : Provisional.
# Open-ended scheme.
## 4.5 per cent for individual/joint and group account, 4 per cent for public account and security deposit accounts - for purchase of motor vehicles or tractors, 3 per cent for official capacity accounts and other accounts.
### 3.5 per cent for individual/joint and group account, 3 per cent for public account and security deposit accounts - for purchase of motor vehicles or tractors, 2 per cent for official capacity accounts and other accounts.
*  Relate to post office transactions only.
+ 1 Year -12 per cent, 2 Years -12.5 per cent, 3 Years -13 per cent and 5 Years -13.5 per cent.
++ 1 Year -10.5 per cent, 2 Years -11 per cent, 3 Years -12 per cent and 5 Years -12.5 per cent.
+++ 1 Year - 9 per cent, 2 Years -10 per cent, 3 Years -11 per cent and 5 Years -11.5 per cent.
** 1 Year - 8 per cent, 2 Years - 9 per cent, 3 Years - 10 per cent and 5 Years - 10.5 per cent.
$ 1 Year - 7.5 per cent, 2 Years - 8 per cent, 3 Years - 9 per cent and 5 Years - 9 per cent.
$$ 1 Year - 7.25 per cent, 2 Years - 7.5 per cent, 3 Years - 8.25 per cent and 5 Years - 8.5 per cent.
$$$ 1 Year - 6.25 per cent, 2 Years - 6.5 per cent, 3 Years - 7.25 per cent and 5 Years - 7.5 per cent.
& Interest accrued annually will be added to the income but will be treated as ‘deemed to be reinvested’ under Section 80C.
@ Compounded interest rate.
@@ Maturity period has been raised to 6 1/2 years with effect from January 15, 2000, 7 years 3 months from March 1, 2001, 7 years
8 months from March 1, 2002 and 8 years 7 months from March 1, 2003. ^^ Introduced in August 2004. Also see Notes on Tables.
Source :1. National Savings Organisation.
2. Receipts Budget, Government of India.
3. Accountant General, Posts & Telegraph.
4. Government of India press releases.
5. Report of the Advisory Committee to Advise on the Administered Interest Rates and Rationalisation of Savings Instruments.