Put up Workplace Small Financial savings Scheme Curiosity Fee July

What are the newest Put up Workplace Small Financial savings Scheme Curiosity Fee for July – September 2025? What’s the rate of interest for PPF, SSY, SCSS, KVP, or NSC schemes for 2025?

The Ministry of Financial Affairs is scheduled to announce the rates of interest for all Put up Workplace Small Saving Scheme Curiosity Charges on a quarterly foundation. In keeping with this, the division has communicated the related rates of interest for the Put up Workplace Small Financial savings Scheme for the interval of July-September 2025 on thirtieth June 2025.

Beforehand, rates of interest have been introduced on an annual foundation. Nonetheless, ranging from the fiscal 12 months 2016-17, rates of interest can be decided on a quarterly foundation. I’ve beforehand authored a complete article on this subject, and I’m together with the hyperlink to that article beneath.

Under is the timetable for change in rates of interest for all Put up Workplace Financial savings Schemes.

Put up Workplace Small Financial savings Scheme Curiosity Fee July – September 2025

On thirtieth June 2025, the Finance Ministry declared that the rates of interest for various small financial savings schemes will keep the identical for the quarter starting 1st July 2025.

The rates of interest for various Small Financial savings Schemes through the first quarter of FY 2025-26, which can begin on 1st July, 2025, and conclude on thirtieth September, 2025, will stay in keeping with these introduced for the primary quarter (1st March 2025 to thirtieth June 2025) of FY 2025-26, in line with a notification issued by the finance ministry. Discuss with the beneath picture for a similar.

Therefore, the relevant fee of Put up Workplace Small Financial savings Scheme Curiosity Fee July – September 2025 is as beneath.

Observe – KVP will now double in 115 months.

I’ve tabulated the identical within the picture format additionally to your reference.

Options of Put up Workplace Financial savings Schemes

Now allow us to look on the Put up Workplace Small Financial savings Schemes options. This offers you extra readability in choosing the proper product for you.

# Put up Workplace Financial savings Account

Like Financial institution Account, Put up Workplace additionally presents you the financial savings account to its prospects. The few options are as beneath.

• Minimal Rs.500 is required to open the account.
• Account might be opened single, collectively, Minor (above 10 years of age), or a guardian on behalf of a minor.
• Minimal stability to be maintained in an account is INR 500/- , if stability Rs. 500 not maintained, a upkeep charge of 100 (100) rupees shall be deducted from the account on the final working day of every monetary 12 months and after deduction of the account upkeep charge, if the stability within the account turns into nil, the account shall stand mechanically closed.
• Cheque facility/ATM facility can be found
• Curiosity earned is Tax-Free as much as INR 10,000/- per 12 months from the monetary 12 months 2012-13
• Account might be transferred from one submit workplace to a different
• One account might be opened in a single submit workplace.
• At the very least one transaction of deposit or withdrawal in three monetary years is important to maintain the account energetic, else account grew to become silent (Dorment).
• Intra Operable Netbanking/Cell Banking facility is obtainable.
• On-line Fund switch between Put up Workplace Financial savings Accounts/Cease Cheque/Transaction View facility is obtainable by way of Intra Operable Netbanking/Cell Banking.
• The ability to hyperlink with IPPB Saving Account is obtainable.
• Funds Switch (Sweep in/Sweep out) facility is obtainable with IPPB Saving Account.

# Put up Workplace Fastened Deposits (FDs)

• Minimal of Rs.1,000 and in multiples of Rs.100. There isn’t a most restrict.
• FD tenure at present obtainable is 1 yr, 2 Yrs, 3 Yrs and 5 Yrs.
• Account might be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
• Account might be opened by money /Cheque and in case of Cheque the date of realization of cheque in Govt. account shall be date of opening of account.
• Account might be transferred from one submit workplace to a different
• Single account might be transformed into Joint and Vice Versa .
• Any variety of accounts might be opened in any submit workplace.
• Curiosity shall be payable yearly, No extra curiosity shall be payable on the quantity of curiosity that has turn out to be due for cost however not withdrawn by the account holder.
• The annual curiosity could also be credited to the financial savings account of the account holder at his possibility.
• Untimely encashment not allowed earlier than expiry of 6 month, If closed between 6 month to 12 month from date of Opening, Put up Workplace Saving Accounts rate of interest can be payable.
• 5 Yrs FD is eligible for tax saving functions below Sec.80C.

# Put up Workplace Recurring Deposit (RD)

• Minimal is Rs.100 a month and in a number of of Rs.10. There isn’t a most restrict.
• Account might be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
• Tenure of RD is 5 years.
• Account might be opened by money / Cheque and in case of Cheque the date of deposit shall be date of clearance of Cheque.
• Untimely closure is allowed after three years from the date of opening of the account.
• Account might be transferred from one Put up Workplace to a different Put up Workplace.
• Subsequent deposit might be made as much as fifteenth day of subsequent month if account is opened as much as fifteenth of a calendar month and as much as final working day of subsequent month if account is opened between sixteenth day and final working day of a calendar month.
• If a subsequent deposit shouldn’t be made as much as the prescribed day, a default charge is charged for every default, default charge @ 1 Rs for each 100 rupee shall be charged. After 4 common defaults, the account turns into discontinued and might be revived in two months but when the identical shouldn’t be revived inside this era, no additional deposit might be made.
• If in any RD account, there’s a month-to-month default quantity, the depositor has to first pay the defaulted month-to-month deposit with default charge after which pay the present month deposit.
• There’s rebate on advance deposit of a minimum of 6 installments, Rs. 10 for six month and Rs. 40 for 12 months Rebate can be paid for the denomination of Rs. 100.
• One mortgage as much as 50% of the stability allowed after one 12 months. It could be repaid in a single lumpsum together with curiosity on the prescribed fee at any time through the forex of the account.
• Account might be prolonged for one more 5 years after it’s maturity.

# Put up Workplace Month-to-month Earnings Scheme (MIS)

• Most funding is Rs.9 lakh in a single account and Rs.15 lakh collectively (It’s revised through the Finances 2023). Earlier it was Rs.4.5 lakh for a single account and Rs.9 lakh for joint accounts.
• Account might be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
• Any variety of accounts might be opened in any submit workplace topic to most funding restrict by including stability in all accounts (Rs. 4.5 Lakh).
• Single account might be transformed into Joint and Vice Versa.
• Maturity interval is 5 years.
• Curiosity might be drawn by way of auto credit score into financial savings account standing at similar submit workplace,orECS./In case of MIS accounts standing at CBS Put up workplaces, month-to-month curiosity might be credited into financial savings account standing at any CBS Put up workplaces.
• May be prematurely en-cashed after one 12 months however earlier than 3 years on the low cost of two% of the deposit and after 3 years on the low cost of 1% of the deposit. (Low cost means deduction from the deposit.).
• Curiosity shall be payable to the account holder on completion of a month from the date of deposit.
• If the curiosity payable each month shouldn’t be claimed by the account holder such curiosity shall not earn any extra curiosity.

# Put up Workplace Senior Citizen Financial savings Scheme (SCSS)

I’ve written an in depth submit on this. Discuss with the identical at ” Put up Workplace Senior Citizen Scheme (SCSS)-Advantages and Curiosity Fee“.

Observe – Efficient from 1st April 2023, the utmost restrict is at present Rs.30 lakh. Earlier it was Rs.15 lakh. This modification occurred throughout Finances 2023.

# Public Provident Fund (PPF)

I’ve written varied posts on PPF. Refer the identical:-

# Nationwide Financial savings Certificates NSC (VIII Subject)

• Minimal Rs.1,000 and in a number of of Rs.100.
• No most restrict.
• Account might be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
• Tax Profit below Sec.80C is obtainable.
• Tenure is 5 years.

# Kisan Vikas Patra (KVP) Account

• Minimal Rs.1,000 and in multiples of Rs.100. There isn’t a most restrict.
• Account might be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
• The cash can be double at maturity. Nonetheless, because the rate of interest adjustments on a quarterly foundation. The maturity interval additionally varies as soon as in 1 / 4.

# Sukanya Samriddhi Account Yojana (SSY)

I’ve written varied posts on this. Refer the identical:-

Conclusion – Whereas inflation seems to be moderating, and RBI lowered the repo fee persistently, many assumed that this time Authorities will scale back it’s rate of interest. Nonetheless, fortunately the rates of interest not modified for this quarter additionally. This I believe is the optimistic information for a lot of traders 🙂