Post Office Savings Account Interest Rate
The Post Office Savings Account interest rate is 4% a year for July–September 2026.
- Interest rate
- 4%
- Quarter
- July–September 2026
- Interest paid
- Annually
- Term
- None (savings account)
- Minimum deposit
- ₹500 (opening)
- Maximum
- No maximum limit
The Ministry of Finance sets small savings rates every quarter. For July–September 2026 the Post Office Savings Account pays 4% a year, annually. The rate was the same in every quarter from October–December 2024 to July–September 2026.
Rules.
- Minimum deposit: ₹500 (opening)
- Maximum: No maximum limit
- Interest calculated on minimum balance between 10th and end of month.
- No interest for a month if balance between 10th and last day below ₹500.
- Interest credited at end of each financial year.
Tax. Section 80TTA: interest up to ₹10,000 per FY from all savings accounts exempt. India Post states these rules under the Income-tax Act, 1961; from 1 April 2026 the Income-tax Act, 2025 applies with new section numbers.
Questions
What is the Post Office Savings Account interest rate now?
4% a year for July–September 2026, as notified by the Ministry of Finance.
How is the interest paid?
Annually.
Compare every scheme in the small savings interest rates table.
- Scheme
- Post Office Savings Account
- Rate history
Quarter Rate July–September 2026 4% April–June 2026 4% January–March 2026 4% October–December 2025 4% July–September 2025 4% April–June 2025 4% January–March 2025 4% October–December 2024 4% - Ministry of Finance notification
- dea.gov.in
- Sources
Source Link Ministry of Finance notification, July–September 2026 http://dea.gov.in/files/budget_division_documents/Q2ROI.pdf National Savings Institute: rate history https://www.nsiindia.gov.in/InternalPage.aspx?Id_Pk=132 Compounding frequency per India Post rate table (table header dated w.e.f. 01.04.2024; page last updated 13-05-2024) https://www.indiapost.gov.in/banking-services/savings - Last checked
Source: Ministry of Finance (Department of Economic Affairs) notifications on small savings interest rates, the National Savings Institute rate history and India Post scheme rules, linked on each record.