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Important numbers you need to know about small saving schemes

Here's a table that enlists the tenure, interest rate, tax treatment and effective yield of some of the most popular instruments

Important numbers you need to know about small saving schemes

In India, saving schemes include a plethora of products that are intended for a wide segment of potential customers. These are predominantly the post office-run schemes that are easily accessible to investors in urban as well as rural areas. Despite the constant rate cuts, government-backed small savings schemes remain to be popular amongst all classes of people in India. The table below enlists the tenure, interest rate, tax treatment and effective yield of some of the most popular instruments. Find out what suits you the best.

You can learn everything you need to know about the above schemes on the links below:

Kisan Vikas Patra

National Saving Certificate

Post Office Term Deposit

Post Office Monthly Income Scheme

Public Provident Fund

Senior Citizens' Saving Scheme

Sukanya Samriddhi

Post Office Recurring Deposit

Scheme FY18(Q2) FY18(Q1) FY17 FY16 FY15 FY14 FY13
PORD 5 year 7.1 7.2 7.35 8.4 8.4 8.3 8.4
POTD 1 year 6.8 6.9 7.05 8.4 8.4 8.2 8.2
POTD 2 year 6.9 7 7.15 8.4 8.4 8.2 8.3
POTD 3 year 7.1 7.2 7.35 8.4 8.4 8.3 8.4
POTD 5 year 7.6 7.7 7.85 8.5 8.5 8.4 8.5
POMIS 7.5 7.6 7.75 8.4 8.4 8.4 8.5
PPF 7.8 7.9 8.05 8.7 8.7 8.7 8.8
SSS 8.3 8.4 8.55 9.2 9.1 - -
SCSS 8.3 8.4 8.55 9.3 9.3 9.2 9.3
NSC 7.8 7.9 8.05 8.5 8.5 8.5 8.6
KVP 7.5 7.6 7.75 8.7 8.7 N/A N/A
PMVVY 8 -
RBI 8% 8
Index
PORD - Post Office Recurring Deposit
POTD - Post Office Time Deposit
POMIS - Post Office Monthly Income Scheme
SCSS - Senior Citizen Savings Scheme
NSC - National Savings Certificate
SSS - Sukanya Samriddhi Scheme