Janata Vikas Patra

This scheme offer Cummulative interest rate. After matured Auto renewal facillity also available in this scheme.

Period
From – to
(in months)
Interest Rate For the Amount Effective Interest Rate For Sr.Citizen
Effective Interest Rate
12 to 24 months 7.50% 10000/- 7.71% to 8.01% 8.24% to 8.59%
25 to 36 months 7.25% 10000/- 7.75% to 8.01% 8.33% to 8.62%
37 to 60 months 7.00% 10000/- 7.73% to 8.29% 8.35% to 8.99%
Above 61 months 7.25% 10000/- Upto & above 8.67% Upto & above 9.39%

For the Sr. citizen 0.5% interest rate extra