Table 124 : Small Savings Schemes

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ಪ್ರಕಟಿಸಲಾದ ದಿನಾಂಕ ಸೆಪ್ಟೆಂಬರ್ 14, 2012

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. 2011 P (` billion)
Name of The Scheme	Limits of Investment	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	Dedu ctions under Sec. 80C of Inc ome Tax Act	Amount Outsta nding at end- Mar. 2011 P (` billion)
1	2	3	4	5	6	7	8	9	10	11	12	13	14
Post Office Savings Bank Accounts	Minimum Rs.50 and Maximum Rs. 1,00,000 for an Individual Account (Rs.2 lakh jointly)	#	#	#	5.50	5.50	4.50	4.50 ##	3.50 ###	3.50 ###	3.50 ###	No	301.01
Public Provident Fund 1968	Minimum Rs 500 and Maximum Rs. 70,000 in a Fiscal Year	15	15	15	12.00	12.00	12.00	11.00	9.50	9.00	8.00	Yes	315.83
Post Office Time Deposit Account	Minimum Rs 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	284.45
Post Office Recurring Deposit Account	Minimum Rs 10 per month or Any Amount in Multiples of Rs.5 and No Maximum Limit	5	5	5	13.50	12.50	11.50	10.50	9.00	8.50	7.50	No	612.50
National Savings Scheme 1992	Minimum Rs.100 and No Maximum Limit	4	4	4	11.00	11.00	11.00	10.50	9.00	8.50	-	Yes	4.78
Post Office Monthly Income Scheme	Minimum Rs 1500 and Maximum Rs 4.5 Lakh in Single Account and Rs. 9 Lakh in Joint Account	6	6	6	14.00	13.00	12.00	11.00	9.50	9.00	8.00	No	2186.74
NSC VIII issue	Minimum Rs.100 and No Maximum Limit	6	6	6	12.00	12.00	11.50	11.00	9.50	9.00	8.00	Yes &	546.42
Indira Vikas Patra	No Limit	5	5 1/2	6	14.87 @	13.43 @	12.25 @	-	-	-	-	No	10.20
Kisan Vikas Patra	Minimum Rs.100 no Maximum Limit	5	5 1/2	6@@	14.87 @	13.43 @	12.25 @	11.25 @	10.03 @	9.46 @	8.41 @	No	1585.84
Senior Citizens Saving Scheme	Minimum Rs 1.000 and Maximum Rs.15 Lakh	-	-	5^^	-	-		-	-	-	9.00 ^^	No	309.13
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 Committeee to Advise on the Administered Interest Rates and Rationalisation of Savings Instruments.