|
nstrument
|
Rate of
interest w.e.f. 01.07.2016 to 30.9.2016
|
Rate of
interest w.e.f. 01.10.2016 to 31.12.2016
|
Compounding frequency
|
|
Savings Deposit
|
4.0
|
4.0
|
Annual
|
|
1 Year Time Deposit
|
7.1
|
7.0
|
Quarterly
|
|
2 Year Time Deposit
|
7.2
|
7.1
|
Quarterly
|
|
3 Year Time Deposit
|
7.4
|
7.3
|
Quarterly
|
|
5 Year Time Deposit
|
7.9
|
7.8
|
Quarterly
|
|
7.4
|
7.3
|
Quarterly
|
|
|
5 Year Senior Citizens
Savings Scheme
|
8.6
|
8.5
|
Quarterly and paid
|
|
5 year Monthly Income Account Scheme
|
7.8
|
7.7
|
Monthly and paid
|
|
5 Year National Savings Certificate
|
8.1
|
8.0
|
Annual
|
|
8.1
|
8.0
|
Annual
|
|
|
KisanVikasPatra
|
7.8 (will mature in 110 months)
|
7.7 (will mature in
110 months)
|
Annual
|
|
8.6
|
8.5
|
Annual
|
RAJAHMUNDRY POSTAL DIVISION
Monday 10 October 2016
INTEREST RATES SLASHED TO 0.1% FROM 01-10-2016 ONWARDS
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