At present, 6.9-7.5 percent interest is being given in the Post Office TD Scheme, which is higher than the FD rates of many banks. Post Office TD Scheme works just like a bank FD, in which you invest a lump sum amount for a fixed time and on maturity you get the principal amount along with interest, hence many investors also call it ‘Post Office FD’. In Post Office TD Scheme, it is also said that 6.9 percent on one year investment, 7.0 percent on two year investment, 7.1 percent on three year investment and 7.5 percent on 5 year investment.

Only interest around Rs 90000

Bank interest rate after repo rate

State Bank of India (SBI)

SBI has reduced the interest rate for general customers from 6.45 percent to 6.40 percent from December 15, 2025. For senior citizens, it has been reduced from 6.95 percent to 6.90 percent. Apart from this, the interest rate on Amrit Vrishti FD has also been reduced from 6.60 percent to 6.45 percent.

Indian Bank

After RBI’s decision regarding repo rate, Indian Bank has also reduced its repo-linked benchmark lending rate from 8.2 percent to 7.95 percent.

ICICI Bank

After reducing the repo rate, ICICI Bank is currently giving interest between 2.75-6.60 percent on FDs of different tenures, while senior citizens are getting around 7.20 percent.

Bank of Baroda

After the reduction in repo rate, Bank of Baroda (BoB) has also reduced the repo-linked benchmark lending rate from the current 8.15 percent to 7.90 percent.

No interest will be given despite delay in tax refund, know what is the rule before getting disappointed?

There is a scheme of the Government of India, by which your money gets doubled very quickly. Actually, there is a Post Office Scheme of the Government of India. Whose name is Kisan Vikas Patra Scheme (Post Office KVP Scheme). This scheme doubles the money deposited by its account holders in 115 months. If you deposit lump sum money in this scheme, you will get interest up to 7.5% on your deposit amount.

What is Post Office KVP Scheme?

This is a post office scheme. Hearing the name Kisan Vikas Patra, you might be feeling that this scheme is only for farmers. but it’s not like that. This is for everyone who wants to double their money without taking any risk. By investing his money in this scheme, the account holder’s deposit doubles in 115 months i.e. 9 years and 7 months. This is a one time investment scheme. With the help of this scheme, the account holder will get interest up to 7.5%. Since it is a Government of India scheme, investment in it is completely safe. The ups and downs of the stock market have no effect on it. The government guarantees returns. You can start with a minimum investment of just ₹1,000. The limit of its maximum amount has not been fixed.

How will the money be doubled?

• Suppose you invested ₹ 10,000 in Kisan Vikas Patra Scheme. According to the annual interest of 7.5% given by the government, you will get ₹ 750 at the end of the first year. Which when added to your original amount of ₹ 10,000 will become ₹ 10,750.
• Now interest is not on ₹ 10,000 in the second year. Rather it will be charged on ₹10,750 because interest of ₹750 has been added. Now by the end of the second year with the help of 7.5% interest you will get approximately ₹ 806. And the principal amount will become ₹11,556.
• Similarly. Every year the total amount of your investment increases. And next year you get interest on that increased amount. Because of this “interest on interest” (compound interest) your original investment of ₹10,000. It will become ₹20,000 (exactly doubled) in 115 months (9 years and 7 months).

How to invest in KVP? (Application Process)

1. Prepare necessary documents
Aadhar Card, PAN Card (required), Passport or Voter ID, Address Proof, Passport Size Photo

2. go to post office or bank
You can find the nearest branch by visiting the India Post website.

3. Fill up the application form
Fill ‘Form A’ and submit all the KYC documents along with it.

4. make payment
Deposit the investment amount through cash, check or demand draft.

5. get certificate
After completion of investigation, you will get the certificate of Kisan Vikas Patra.

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People who are doing jobs. After retirement, the biggest question for them is how the expenditure will run now. Because the salary stops. But the needs and responsibilities of life continue as before or say more. In such a situation, people often want to invest in such a place.

Where their money is also safe and every month, some earnings were also earned. If you are also looking for a similar scheme after retirement, then this scheme of post office can prove to be a better option for you. Let us tell you complete information about this scheme.

https://www.youtube.com/watch?v=7-hcyrjl8-m

Invest in this post office scheme

If you seek a safe and stable income after retirement. So the Senior Citizen Savings Scheme of the post office can be a better option for you. You can invest up to a maximum of 30 lakh rupees in this scheme. If you deposit 30 lakh rupees outright from retirement funds.

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So you will get an interest of Rs 246000 at the rate of 8.2 percent annually. This interest is given on a quarterly basis. That is, you will get 61500 rupees every three months. This scheme is very reliable for earning every month after retirement. Along with this, there is no risk in it.

20500 rupees of interest will be received every month

If you invest a lump sum of Rs 30 lakh under Senior Citizen Savings Scheme. So according to the current interest rate, 61500 rupees will come to your account every three months. That is, about 20500 rupees a month will be available directly. If you allow this quarterly interest instead of withdrawing. So after five years your investment can reach about 42 lakh rupees.

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How to apply in the scheme

To apply in the Senior Citizen Savings Scheme, first go to the nearest post office. From there you will get the scheme form, which will have to be filled with documents like Aadhaar card, PAN card and address proof. After all the information is verified, your account will open. After this, interest will continue to be transferred to your account at fixed intervals.

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Post Office Time Deposit Scheme: The Reserve Bank of India (RBI) has cut the repo rate twice this year, after which most banks have made loans cheaper and have also reduced interest on fixed deposits (FD). However, in the meantime, Post Office Savings Scheme has emerged as a reliable option among customers. The most important thing is that it is getting good returns as before with the guarantee of security. In such a situation, if you are looking for safe and fixed returns, then this post office scheme can prove beneficial for you.

Here we are talking about the Post Office Time Deposit Scheme Scheme, in which you can earn a guaranteed interest of Rs 44,664 in two years with an investment of just Rs 3 lakh. Under this scheme, the calculation of investment and interest is done in this way-

• Interest Rate for 1 year – 6.9 percent
• Interest Rate for 2 years – 7.0 percent
• Interest Rate for 3 years – 7.1 percent
• Interest Rate for 5 years – 7.5 percent

In such a situation, if you deposit 3 lakh rupees in 2 years under TD scheme, then after two years you will get a total of 3,44,664. That is, the amount of three lakh investment and 44,664 rupees will be available only as interest. This return is completely guaranteed.

What is special in this?

• The post office time deposit scheme is a government savings scheme, so it is completely safe.
• Investors of all ages get a similar interest on deposits- there is no different rate for senior citizens.
• You can start investment in post office time deposit scheme with a minimum of 200 rupees.
• The time deposit account can be easily transferred from one post office to another.
• Tax exemption under Section 80C on 5 years time deposit is exempted.
• You can withdraw the deposit amount ahead of time.
• Nomination facility is also available in it.
• More than one people can manage the time deposit account.

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Interest Certificate: The Postal Department has started the facility of downloading interest certificate through the Internet Banking Portal of the post office. This will give a big relief to the post office savings bank (POSB) account holders. That is, if you also have a savings account in the post office or you have got FD, then you will not have to go to any branch of the post office for the interest certificate. Senior citizens will benefit the most of this decision. You may need to need this certificate while filing ITR.

On May 7, 2025, the Department of Posts said in its order, “For the convenience of internet banking customers, there has been a provision to download interest certificate for e-banking users through the Internet banking portal.”

Why does an interest certificate need?

Along with filing tax, the interest certificate is also needed for cross checking. To see whether you are getting as much interest on the deposit amount as you have been made. Interest certificate is also necessary for those whose income is less than taxable limit. On the basis of interest certificate, they have to fill Form 15G/Form 15H to avoid TDS deduction. Now the most important thing is that what is the full process of downloading interest certificate sitting at home-

• First go to ebanking.indiipost.gov.in website.
• If there are already registers, then enter the user ID and password and login and if there is no register, then you have to sign up first.
• After logging in, go to the Accounts tab.
• Now click on Interest Certificate.
• After this, you have to select the financial year, for which you want to download the institute certificate.
• Now you can download the Institution Certificate.

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Mahila samman savings certificate: The government is running a variety of schemes to make women financially empowered. One of these is the Women’s Honor Savings Certificate Scheme. The investment deadline in this scheme of the post office is till March 31, 2025. Now the post office has started a partial withdrawal facility from this scheme.

You can withdraw so much money from the account

The account holders will be able to withdraw money for 40 percent of the amount deposited in it after one year of opening an account under the Women’s Honor Savings Certificate Scheme. The scheme started on 1 April 2023 for two years. For example, the investment made in this account from April 30, 2023 is available for partial withdrawal from May 1, 2024. With this, you also have some money deposited as an investment and if you need, you can also complete your work by withdrawing some money.

One time scheme applicable for two years

Women’s Honor Savings Certificate is a one -time scheme implemented for two years. The government has not extended the investment deadline in it till now. You can invest a minimum of Rs 1,000 to a maximum of Rs 2 lakh. In this scheme, 7.5 percent fixed interest rate is given annually. It is different from many small savings schemes and bank FDs. It gets compound interest in every quarter.

No tax exemption on interest

However, it has to pay tax on the amount of interest in it. In this, you cannot avail tax exemption under Section 80C, so the interest rates being deposited in the bank account should be declared under the ‘income from other sources’ in income tax returns. Under the Women’s Honor Savings Certificate Scheme, the account can also be opened under the age of 18 years. It will be looked after by the guardian.

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