Latest Post Office Small Saving Schemes Interest rates July-Sept 2018

What is the applicable latest Post Office Small Saving Schemes Interest rates July-Sept 2018? The government announced the interest rate for PPF, Sukanya Samriddhi, NSC, KVP Interest Rates July-Sept 2018. Let us see the changes applicable with effective from 1st July 2018.

Earlier the interest rates used to be announced on yearly once. However, now from 2016-17, the rate of interest will be fixed on a quarterly basis. I already wrote a detailed post on this. I am providing the links to those earlier posts below.

Based on these new changes, now onward interest rate will be declared on a quarterly basis. The earlier quarters (FY 2016-17 and FY 2017-18) interest rate can be viewed in my earlier posts “Interest of PPF KVP NSC SCSS and Sukanya Samriddhi for April-June 2016“, “PPF and Sukanya Samriddhi Scheme interest rate July-Sept 2016“, “PPF, Sukanya Samriddhi, NSC, KVP Interest Rates Oct-Dec 2016”, “PPF, Sukanya Samriddhi, NSC, KVP Interest Rates Jan-Mar 2017“, “PPF, Sukanya Samriddhi, NSC, KVP Interest Rates April-June 2017“, “PPF, Sukanya Samriddhi, NSC, KVP Interest Rates July-Sept 2017“, “PPF, Sukanya Samriddhi, NSC, KVP Interest Rates Oct-Dec 2017?., “Latest Post Office Small Saving Schemes Interest rates Jan-March 2018“ and “Latest Post Office Small Saving Schemes Interest rates Apr-June 2018“.

Below is the timetable for change in interest rates for all Post Office Savings Schemes.

Post Office Interest Rate changing Time Table

As per the schedule, Government announced the interest rate applicable to all Post Office Savings Schemes from 1st July 2018 to 30th Sept 2018.

Latest Post Office Small Saving Schemes Interest rates July-Sept 2018

Just to quickly recap, last quarter, Government maintained the same interest rate for all Post Office Small Savings Schemes.

However, for this quarter also, Government maintained the same interest rate. Now it is consecutive three quarters that the interest rates of Post Office Small Savings Schemes remained stable. Below is the latest Post Office Small Savings Schemes interest rates July-Sept 2018.

Latest Post Office Small Saving Schemes Interest rates July-Sept 2018

Post Office Small Saving Schemes Interest rates trend FY 2016-17 and 2018-19

Below is the interest rate trend for FY 2016-17 and FY 2018-19.

Post Office Savings Schemes Interest rates comparison FY 2016-17 to FY 2018-19

You notice that this is the third quarter Government maintaining the same interest rate for all Post Office Small Savings Schemes.

Refer our earlier posts related to Post Office Savings Schemes-

2 Comments

  1. What is the agent commission for NSC and does it get deducted from our deposit or paid by post office separately.
    Also considering NSC has better rates than KVP , does KVP has any benefits over NSC?

    Reply
    • Dear Sanjeev,
      I am not sure about agent’s commission. However, I am sure that it is not deducted from your side. It will be compensated by Post Office. Regarding which is best between NSC and KVP, it purely depends on your financial goal. Hence, hard for me to suggest anything blindly.

      Reply

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