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INTEREST RATES

Fixed Deposit Interest Rates 2021



Here is the interest rates applicable on various National (Small) Savings Schemes.


Sl.No.InstrumentsRate of interest w.e.f 01.04.2020 to 31.12.2020Compounding Frequency*
01.Post Office Savings Account4.0Annually
02.1 Year Time Deposit5.5(Annual Interest R. 561 on Rs. 10000 deposit)Quarterly
03.2 Year Time Deposit5.5(Annual Interest R. 561 on Rs. 10000 deposit)Quarterly
04.3 Year Time Deposit5.5(Annual Interest Rs. 561 on Rs. 10000 deposit)Quarterly
05.5 Year Time Deposit6.7(Annual Interest R. 687 on Rs. 10000 deposit)Quarterly
06.5 Year Recurring Deposit Scheme5.8 Maturity value for Rs. 100 Dn. 5 Year = 6969.67 After extension with deposit. 6 Year = 8620.98 7 Year= 10370.17 8 Year= 12223.03 9Year= 14185.73 10Year=16264.76Quarterly
07.Senior Citizen Savings Scheme7.4(Quarterly interest Rs. 185 on Rs. 10000 deposit)Quarterly and Paid
08.Monthly Income Account6.6(Monthly int. Rs. 55 on Rs. 10000 deposit)Monthly and paid
09.National Savings Certificate (VIII Issue)6.8(Maturity Value Rs. 1389 for Rs.1000 deposit) Accrued Interest for IT purpose for Rs. 1000 Dn. 1stYear= Rs.68.00 2ndYear=Rs.72.62 3rd Year=Rs.77.56 4th Year=Rs.82.84 5th Year=Rs.88.47Annually
10.Public Provident Fund Scheme7.1Annually
11.Kisan Vikas Patra6.9 (will mature in 124 months)Annually
12.Sukanya Samriddhi Account Scheme7.6Annually

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