SIP Index

Know your affordability regarding SIP Index with this matrix

Scheme:

Interest Rates w.e.f. 1st April-2015.

Post Office Savings Deposit Account

4.00% p.a.

5-Year Post Office Recurring Deposit Account

8.40% p.a. (quarterly compounded)

Post Office Time Deposit Account

For 1, 2 & 3 Year Periods: 8.40% p.a. (quarterly compounded)

For 5 Year Period - 8.50% p.a. (quarterly compounded)

Post Office Monthly Income Scheme (MIS)

8.40% p.a. (payable monthly)

5 Year Senior Citizen Savings Scheme (SCSS)

9.30% p.a. (payable quarterly)

15 year Public Provident Fund (PPF) Account

8.70% p.a. (compounded yearly)

National Savings Certificates (NSC)

5 Years NSC: 8.50% p.a. (compounded half yearly)

10 Years NSC: 8.80% (compounded half yearly)

Kisan Vikas Patra (KVP)

8.70%

Sukanya Samriddhi Account Scheme

9.20% p.a. (compounded yearly)