As announced by the finance ministry, changes will be on yearly base and above rates will be effective from 1st April 2013 to 31st March 2014. These interest rates are decreased to match with current interest rates in market. Hope this decrease will not make few risk averse investors to stay away from these schemes.
1-Nov-12: Due to restrictions imposed on SMS by Govt., you are requested to ask for Security Code by mailing us on
for faster delivery of Security Code.
Also you are requested to update you email address with us for regular intimations regarding POWERAge updates, enhancements and other Post Office/Small Savings related news.
Result of 38th and perhaps the last lucky coupon scheme of Punjab has been declared on 22-Sep-12 at Chandigarh.
Interest rates on Time Deposits (TD) of one and two years increased by 0.5 percent each to 8.2 percent and 8.3 percent respectively.
Interest rate for three-year Time Deposits increased from 8 per cent to 8.4 per cent.
Interest rate on five-year time deposit raised from 8.3 per cent to and 8.5 per cent.
Rates for popular MIS Scheme hiked by 0.3 per cent to 8.5 per cent.
Interest rate on PPF increased by 0.2 per cent to 8.8 per cent.
The five-year recurring deposits to fetch an interest of 8.4 per cent as against 8 per cent previously.
The rate for Senior Citizens Savings Scheme (SCSS) hiked to 9.3 per cent from 9 per cent.
The National Savings Certificates (NSC) having maturity of five and ten years to attract 8.6 per cent and 8.9 per cent, respectively, up 0.2 per cent each.
No change in the savings deposit rate which has been retained at 4 per cent.
The above rates remained valid only during 2012-13.
The hike in interest rates on Small Savings Schemes was based on the recommendations of the Shyamala Gopinath Committee which also suggested that the interest rates on small savings schemes should be revised annually.
Software Comparison Chart of POWERAge & other companies:
Money Back Guarantee
Dedicated and friendly service (9am to 9pm)
Unreliable and limited timings
Largest Customer Base with more than 1500
(All over India)
Quick and Continuous
Delayed and rare
Ease of Installation, updation and working
Easiest, simple and fully featured.
Tough installation procedure and difficult to understand & work
ISO 9001 Compliance
Support all printers like Dot Matrix, Inkjet (Deskjet), Laser, All-in-one