BANKING SCHEMES
Interest Rates with effect from 01/04/2012
(Click on Scheme name for more details)
Scheme
Duration
Maturity Value / Rate of Interest
Savings Bank Account
NA
4
%
Recurring Deposit
5 years
8.4
%
Monthly Income Scheme
5 years
8.5
%
Senior Citizen Saving Scheme
5 years
9.3
%
NSC VIII Issue
5 years
8.6
%
NSC IX Issue
10 years
8.90
%
Public Provident Fund
15 years
8.8
%
Time Deposit
1 year
8.2
%
2 years
8.3
%
3 years
8.4
%
5 years
8.5
%
Kisan Vikas Patra
Discontinued with effect from 01/12/2011