Name of The  Scheme

Limits of Investment

Maturity Period (years)

Rate of Interest (per cent per annum)

Deductions under Sec. 80C of Income Tax Act

Amount Outstanding at end-Mar. 2009P
(Rs. crore)

Apr-92

Since Sep.2, 1993

Since Jan.1, 1999

Since April 1992

Since Sep. 2, 1993

Since Jan.1, 19991

Since Jan.15,  2000

Since Mar.1, 2001

Since Mar.1, 2002

Since 2003

Post Office Savings Bank Accounts

Minimum Rs.50 and Maximum Rs. 1,00, 000 for an Individual Account (Rs. 2 lakh jointly)

#

#

#

5.50

5.50

4.50

4.50 ##

3.50 ###

3.50 ###

3.50 ###

No

22217

Public Provident  Fund 1968

Minimum Rs 500 and Maximum Rs. 70,000 in a Fiscal Year

15

15

15

12.00

12.00

12.00

11.00

9.50

9.00

8.00

Yes

22758*

Post Office Time Deposit Account

Minimum Rs 200 and no Maximum Limit

1,2,3 and 5

1,2,3 and 5

1,2,3 and 5

12.00 to 13.5+

10.50 to12.5 ++

9.00 to 11.50 +++

8.00 to 10.50 **

7.50 to 9.00 $

7.25 to 8.50 $$

6.25 to 7.50 $$$

No

26331

Post Office Recurring Deposit Account

Minimum Rs 10 per month or Any Amount in Multiples of Rs. 5 and No Maximum Limit

5

5

5

13.50

12.50

11.50

10.50

9.00

8.50

7.50

No

64822

National Savings Scheme 1992

Minimum Rs.100 and No Maximum Limit

4

4

4

11.00

11.00

11.00

10.50

9.00

8.50

-

Yes

555

Post Office Monthly Income Scheme

Minimum Rs 1500 and Maximum Rs 4.5 Lakh in Single Account and Rs. 9 Lakh in Joint Account

6

6

6

14.00

13.00

12.00

11.00

9.50

9.00

8.00

No

179270

NSC VIII issue

Minimum Rs. 100 and No Maximum Limit

6

6

6

12.00

12.00

11.50

11.00

9.50

9.00

8.00

Yes

55455

Indira Vikas Patra

No Limit

5

5 1/2

6

14.87 @

13.43 @

12.25 @

-

-

-

-

No

1072

Kisan Vikas Patra

Minimum Rs.100 no Maximum Limit

5

5 1/2

6@@

14.87 @

13.43 @

12.25 @

11.25 @

10.03 @

9.46 @

8.41 @

No

147584

Deposit Scheme for Retiring Government Employees 1989/ Retiring Employees of Public Sector

Minimum Rs 1,000 and Companies 1991 Maximum Not Exceeding the Total Retirement Benefits

3

3

3

9.00

10.00

9.00

9.00

8.50

8.00

7.00

No

1244^

Senior Citizens Saving Scheme

Minimum Rs 1.000 and Maximum Rs.15 Lakh

-

-

5^^

-

-

-

-

-

-

9.00 ^^

No

20612

P : Provisional.
# : Open-ended scheme.
## : 4.5 per cent for individual/joint and group account, 4 per cent for public account and security deposit accounts - for purchase of motor vehicles or tractors, 3 per cent for official capacity accounts and other accounts.
### : 3.5 per cent for individual/joint and group account, 3 per cent for public account and security deposit accounts - for purchase of motor vehicles or tractors, 2 per cent for official capacity accounts and other accounts.
* : Relate to post office transactions only.
+ : 1 Year -12 per cent, 2 Years -12.5 per cent, 3 Years -13 per cent and 5 Years -13.5 per cent.
++ : 1 Year -10.5 per cent, 2 Years -11 per cent, 3 Years -12 per cent and 5 Years -12.5 per cent.
+++ : 1 Year - 9 per cent, 2 Years -10 per cent, 3 Years -11 per cent and 5 Years -11.5 per cent.
** : 1 Year - 8 per cent, 2 Years - 9 per cent, 3 Years - 10 per cent and 5 Years - 10.5 per cent.
$ : 1 Year - 7.5 per cent, 2 Years - 8 per cent, 3 Years - 9 per cent and 5 Years - 9 per cent.
$$ : 1 Year - 7.25 per cent, 2 Years - 7.5 per cent, 3 Years - 8.25 per cent and 5 Years - 8.5 per cent.
$$$ : 1 Year - 6.25 per cent, 2 Years - 6.5 per cent, 3 Years - 7.25 per cent and 5 Years - 7.5 per cent.
£ : Interest accrued annually will be added to the income but will be treated as ‘deemed to be reinvested’ under Section 80C.
@ : Compounded interest rate.
@@: Maturity period has been raised to 6 1/2 years with effect from January 15, 2000, 7 years 3 months from March 1, 2001, 7 years 8 months from March 1, 2002 and 8 years 7 months from March 1, 2003.
^ : As at end-February 2005.
^^ : Introduced in August 2004.
Also see Notes on Tables.
Source : 1. National Savings Organisation.
2. Receipts Budget, Government of India.
3. Accountant General, Posts & Telegraph.
4. Government of India press releases.
5. Report of the Advisory Committeee to Advise on the Administered Interest Rates and Rationalisation of Savings Instruments.