P.O. S.B. Manual Vol. III - India Post

First year 12.40Second year 13.90Third year 15.60Fourth year 17.50Fifth year 19.70Sixth year 22.40Note:- The amount of interest accruing on a certificate of any other denomination shall be proportionateto the amount specified in the Table above.(2) Where a certificate has been purchased on or after the 1 st day of January, 1999 theamount, inclusive of interest, payable on encashment of the certificate at any time after the expiry of itsmaturity period shall be Rs.195.60 for denomination of Rs.100 and at proportionate rate for any otherdenomination. The interest as specified in the Table below shall accrue to the holder or holders of thecertificate at the end of the fifth year shall be deemed to have been reinvested on behalf of the holder andaggregated with the amount of face value of the certificate.T A B L EThe year for which interest accrues Amount of interest (Rs.) accruing oncertificate of Rs.100 denominationFirst year 11.80Second year 13.23Third year 14.80Fourth year 16.54Fifth year 18.51Sixth year 20.69Note:- The amount of interest accruing on a certificate of any other denomination shall be proportionateto the amount specified in the Table above.(3) Where a certificate has been purchased on or after the 15 th day of January, 2000 butbefore the 1 st day of March, 2001, the amount, inclusive of interest, payable on encashment of thecertificate at any time after the expiry of its maturity period shall be Rs.190.12 for denomination ofRs.100 and at proportionate rate for any other denomination. The interest as specified in the Table belowshall accrue to the holder or holders of the certificate at the end of each year and the interest so accruedat the end of each year upto the end of fifth year shall be deemed to have been reinvested on behalf of theholder and aggregated with the amount of face value of the certificate.T A B L EThe year for which interest accrues Amount of interest (Rs.) accruing oncertificate of Rs.100 denominationFirst year 11.30Second year 12.58Third year 14.00Fourth year 15.58Fifth year 17.35Sixth year 19.31100Note:- The amount of interest accruing on a certificate of any other denomination shall be proportionateto the amount specified in the Table above.(4) Where a certificate has been purchased on or after the 1 st day of March, 2001 but beforethe 1 st day of March, 2002, the amount inclusive of interest, payable on encashment of the certificate atany time after the expiry of its maturity period shall be Rs.174.52 for denomination of Rs.100 and at