Post office interest rates table 2023

  1. U.S. Postal Service Announces New Prices for 2023
  2. Post office interest rate Table April 2023
  3. Post Office Investments
  4. Post Office Savings Schemes Interest Rate Table (1 April to 30 June 2023)


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U.S. Postal Service Announces New Prices for 2023

Oct. 7, 2022 U.S. Postal Service Announces New Prices for 2023 Forever Stamp to Rise Three Cents WASHINGTON, DC — Today, the United States Postal Service filed notice with the Postal Regulatory Commission (PRC) of price changes to take effect Jan. 22, 2023. The new rates include a three-cent increase in the price of a First-Class Mail Forever stamp from 60 cents to 63 cents. If favorably reviewed by the Commission, the proposed increases will raise First-Class Mail prices approximately 4.2 percent to offset the rise in inflation. The price changes have been approved by the Governors of the U.S. Postal Service. The price for 1-ounce metered mail will increase to 60 cents, and the price to send a domestic postcard will increase to 48 cents. A 1-ounce letter mailed to another country would increase to $1.45. There will be no change to the single-piece letter and flat additional-ounce price, which remains at 24 cents. The Postal Service is also seeking price adjustments for Special Services products including Certified Mail, Post Office Box rental fees, money order fees and the cost to purchase insurance when mailing an item. The proposed Mailing Services price changes include: U.S. Postal Service Announces New Prices for 2023 Product Current Prices Planned Prices Letters (1 oz.) 60 cents 63 cents Letters (metered 1 oz.) 57 cents 60 cents Domestic Postcards 44 cents 48 cents International Postcards $1.40 $1.45 International Letter (1 oz.) $1.40 $1.45 As operating expenses cont...

Post office interest rate Table April 2023

Ministry of Finance issued the order of increased Postal Small Savings Schemes Interest Rates w.e.f 01st April 2023. Post office interest rate Table April 2023. Post Office Interest Claculator, Chart & Table from April 2023 in PDF. Special Key Features of Post office Small Saving Schemes & Other Products from April 2023: Post Office Savings Account (POSB): 1. Minimum Deposit 10/- minimum WDL 50/- 2. Minimum Balance for SB GEN and SB CHQ Account is 500/- if Not Maintained 50+GST will be debited in a year 3. Facility in PO saving Account : cheque Book , ATM Card, Ebanking & Mobile banking Aadhar seeding APY, PMSBY, PMJJY 4. Conversion of single to join account or vice versa is not allowed 5 Year Recurring Deposit (RD) A/c: 1. Any Number of Accounts Can Be Opened 2. Deposit Can be made by Cash or Cheque, If deposit not made in a month defauilt charged @ 1 rupee for 100 Rs denamination account 3. Loan Facility available at Rate of RD+2% premature clouser after 3 years, Account can be extended for further 5 years (only for once), deposit can be done Ebanking .mobile banking & IPPB 1,2,3,5 Year Time Deposit: 1. Extension Allowed with Revised Rate 2. Premature Closure Allowed after Expiry of 6 month from the date of deposit. Annual interest credited may be POSB or Avails ECS facility to other banks Senior Citizen Savings Scheme (SCSS): 1. Individual above 60Y, Retired Civilian Employees 55-60Y, Retired defence employees 50-60y 2. Premature Closure Allow any time 3. ExtensionAllow...

Post Office Investments

Post Office Investments include a number of saving schemes that provide a high rate of interest as well as tax benefits and most importantly, carry the sovereign guarantee of Indian Government. Read on to know about various Post office saving schemes along with the interest rates, key features and benefits, tenure of deposit, etc. Indian Post offers diverse investment options to cater to the varying needs of different investors. All Post office saving schemes guarantee returns as they are backed up by the government of India. Moreover, most of the post office investment schemes are tax-exempt under Section 80C , i.e. tax exemption up to Rs. 1,50,000 is allowed. Read on to know in detail about the various small saving schemes offered by the Post Office including Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), Kisan Vikas Patra, Post Office Monthly Income Scheme, Senior Citizen Savings Scheme (SCSS) and more. Small Savings Scheme Interest Rate Tenure Tax Deduction on Investment? Interest Taxable Post Office Savings Account 4.0% NA No Yes Post Office Recurring Deposit 6.2% 5 Years No Yes Post Office Monthly Income Scheme 7.4% 5 Years No Yes Post Office Time Deposit (1 year) 6.8% 1 Year No Yes Post Office Time Deposit (2 year) 6.9% 2 Years No Yes Post Office Time Deposit (3 year) 7% 3 Years No Yes Post Office Time Deposit (5 year) 7.5% 5 Years Yes Yes Kisan Vikas Patra (KVP) 7.5% 30 Months Lock-in period No Yes Public Provident ...

Post Office Savings Schemes Interest Rate Table (1 April to 30 June 2023)

New Interest Rates on Post Office Schemes [1 April 2023 to 30 June 2023] Check Post Office Savings Schemes Interest Rate Table for schemes like PPF, KVP, SCSS, RD, TD, NSC & MIS for 1 April to 30 June 2023, new PO interest rates पोस्ट ऑफिस सेविंग स्कीम्स की नयी ब्याज दरें 1 April to 30 June 2023 अवधि के लिए Interest rates of all popular savings scheme run by the Post Office are revised on a quarterly basis. People can check the Post Office Savings Schemes Interest Rate Table 2023 which shows the current rate of interest for various post office schemes applicable for 1 April 2023 to 30 June 2023 duration. Accordingly, people can now check the new interest rates for all post office savings schemes. Post Office Savings Schemes Interest Rate Table (1 April to 30 June 2023) Here is the complete table showing the current rate of interest for post office savings scheme applicable from 1 April 2023 to 30 June 2023:- Post Office Savings Scheme Name Interest Rate for 1 April 2023 to 30 June 2023 Compounding Frequency Description about Post Office Scheme Savings Deposit Scheme Account 4% Annually 1 Year Time Deposit 6.8% Quarterly 2 Year Time Deposit 6.9% Quarterly 3 Year Time Deposit 7.0% Quarterly 5 Year Time Deposit 7.5% Quarterly Recurring Deposit (5 years) 6.2% Quarterly Senior Citizen Savings Scheme (5 years) 8.2% Quarterly & Paid Monthly Income Scheme Account (5 years) 7.4% Monthly & Paid National Savings Certificate (5 years) 7.7% Yearly Public Provident Fund Scheme 7.1% Year...