SMALL SAVING SCHEME

Date : 01/01/2015 - | Sector: Banking / Finance

Invest in Small Savings Schemes & Be a Partner in Nation Building

Post Office Savings Account

Interest rate @ 4% per annum on single and joint accounts.
Minimum INR 500/- for opening.
Cheque facility available.
Interest in the account up to Rs. 10,000/- qualifies for deduction u/s 80-TTA of Income Tax Act.

Post Office Recurring Deposit Account

Interest rate 6.7% per annum (quarterly compounded).
Minimum INR 100/- per month, no maximum limit.
Maturity time is 5 years (60 deposits).
Extension available for another 5 years at original rate.

National Savings Time Deposit Account

Interest payable annually but calculated quarterly.
Minimum amount: Rs. 1000/-.
Interest Rates:
1 Year – 6.9%
2 Year – 7.0%
3 Year – 7.1%
5 Year – 7.5%
Eligible under Section 80C of Income Tax Act.

National Savings Monthly Income Scheme (MIS)

Interest at 7.4% per annum, payable monthly.
Max investment: Rs. 9 lakh (single), Rs. 15 lakh (joint).
Minimum Rs. 1000/-, in multiples of Rs. 1000/-.
5-year maturity. Interest via auto-credit or ECS.

5-Year National Savings Certificate

Minimum Rs. 1000/-, in multiples of Rs. 100/-.
Interest rate 7.7%, compounded annually, paid at maturity.
Matures in 5 years from date of deposit.

Kisan Vikas Patra (KVP)

Interest rate 7.5%, compounded annually.
Investment doubles in 115 months (9 yrs 7 months).
No limit on number of accounts.

Senior Citizens Savings Scheme

Interest rate 8.2%, payable quarterly.
Minimum Rs. 1000/-, max Rs. 30 lakh.
Available for individuals aged 60+, or 55+ (VRS retirees).
Can be opened singly or jointly with spouse.

Public Provident Fund (PPF)

Interest rate 7.1% per annum (compounded yearly).
Deposit range: Rs. 500 to Rs. 1.5 lakh/year.
Tax-free interest, 15-year maturity.
Interest credited yearly as per MoF notification.

Sukanya Samriddhi Account (SSA)

For girl child under 10 years.
Interest rate 8.2% per annum (compounded yearly).
One account per girl (max two per family).
Deposit: Rs. 250 to Rs. 1.5 lakh/year.
Tax-free interest under Income Tax Act.

Mahila Samman Savings Certificate

For women or guardians of minor girls.
Minimum Rs. 1000/- in multiples of 100.
7.5% interest per annum, 2-year maturity.
40% withdrawal allowed after 1 year.

# Rate of Interest shown is valid from 01-01-2025 to 31-03-2025.
# Rates are subject to change as per Government of India orders.

Save for Nation Building

Save with us.

Beneficiary:

General Public

Benefits:

Mentioned in the above

How To Apply

1. Visit nearest Post Office
2. Approach Authorised Postal Agents
3. Contact District Collector Office – Small Savings Section, North Tripura
4. Submit KYC documents (ID/address proof, photo) and initial deposit
5. Forms available at post office counters or online postal portal