Even though the interest rates may not always be high, but you know that your money is safe. E.g. the rate of interest under Post Office Savings Account is just 4%, but if you want to keep your money liquid, then it might be a good option.

With the benefit of society in mind, NSB offers a 1% higher interest rate for all postal savings accounts above that offered at the NSB branches. Choose any of  30 Dec 2019 Post Office Investments include a number of saving schemes that provide high rate of interest as well as tax benefits and most importantly, carry  The original Post Office Savings Bank was limited to deposits of £30 per year with a maximum balance of £150. Interest was paid at the rate of 2.5 percent per  14 Feb 2020 The Internal Resources Division of the finance ministry published a gazette notification by reducing the interest rate on investment in post office's  21 Feb 2020 The halving of the interest rates on savings — except for the 12 per cent interest rate on savings certificates of three- and five-year durations that  To placate the banking industry's concerns over the new postal system, legislators had built in a cap on deposits and relatively low interest rates. Planned to be self  11 Mar 2020 The interest of post office savings schemes will return to its previous rates by March 17. Finance Minister AHM Mustafa Kamal gave the 

Post Office Savings Account Interest Rate 2017. Your savings account in post office will fetch you an interest rate of 4.0% per annum. The interest rates are fixed periodically. Therefore, it is advised that you check the current interest rate before opening an account.

Post Office Savings Account. Interest payable, Rates, Periodicity etc. Minimum Amount for opening of account and maximum balance that can be retained. 12 Mar 2020 Senior Citizen Savings Scheme (SCSS). Senior citizens aged 60 years or above can invest in this scheme to earn regular interest income. 12 Mar 2020 Senior Citizen Savings Scheme (SCSS). Senior citizens aged 60 years or above can invest in this scheme to earn regular interest income. 6 Mar 2020 Scheme, Interest Rate, Minimum Investment, Maximum Investment, Eligibility, Tax Implications. Post Office Savings Account, 4% per annum 

With the benefit of society in mind, NSB offers a 1% higher interest rate for all postal savings accounts above that offered at the NSB branches. Choose any of 

Compare the latest interest rates across the different Post Office® Savings Accounts. Find out how much your savings could earn with fixed or variable rates. The current interest rate offered on the Post Office Savings Account is 4% per annum. It is paid annually, unlike the Monthly Income Scheme where the interest is  Post Office Saving Schemes:Post Office Time Deposit accounts offered by India Post, is a good option for investment purpose like Fixed Deposit (FD). You can 

After the war, commercial banks began offering higher interest rates and, of course, bank deposits were by this time insured by the Federal Deposit Insurance  

11 Mar 2020 The interest of post office savings schemes will return to its previous rates by March 17. Finance Minister AHM Mustafa Kamal gave the 

27 Jun 2019 Interest rates on these post office saving schemes move in line with the Government's interest rates on small savings schemes, which are 

This post office savings scheme offers 8.6% interest rate. Check eligibility and other details. Updated Oct 04, 2019 | 09:22 IST | ET Now Digital  After the war, commercial banks began offering higher interest rates and, of course, bank deposits were by this time insured by the Federal Deposit Insurance   19 Apr 2016 To further placate the banking industry's concerns legislators built in a cap on deposits and relatively low interest rates. Postal Savings System:  Interest was paid at the rate of 2% per annum. Simple interest was paid on certificates issued before September 1, 1954; interest was compounded annually on  1 May 2015 After World War II, banks raised their interest rates to 2 percent or higher “and offered the same government guarantee” as the Postal Savings 

Raymond Natter investigates the history of Post Office savings banks. Interest on savings could be set at 2 percent, which was below the rate offered by private