Small Savings deposits in both post office and banks plays a vital role in saving the money of public in the most safest and secure way.The interest rates are also high .Small Savings Incentive coupons given in Rs 2,000 deposit in post office and banks in K.V.P.MIS,NSC,SCSS,RD,Sukanya Samrudhi, PPF and 5 year T.D .

Interest chart of Small Savings from 01.07.2019 till 30.09.2019
InstrumentRate of interest w.e.f 01.04.2019 to 30.06.2019Rate of interest w.e.f 01.07.2019 to 30.09.2019Compounding frequency
Savings Deposit4.04.0Annually
1 year Time Deposit7.06.9Quarterly
2 year Time Deposit7.06.9Quarterly
3 year Time Deposit7.06.9Quarterly
5 year Time Deposit7.87.7Quarterly
5 year Recurrring Depodsit7.37.2Quarterly
5 year Senior Citizen Savings Scheme8.78.6Quarterly and paid
5 Year Monthly Income Account7.77.6Monthly and Paid
5 Year National Savings Certificate8.07.9Annually
Public Provident Fund Scheme8.07.9Annually
Kisan Vikas Patra7.7( will mature in 112 months)7.6( will mature in 113 Months)Annually
Sukanya Samridhi Account Scheme8.58.4Annually

There are 56 SAS agents and 77 MPKBY agents are working in Jharsuguda District.In the year 2018-19 the Net Small Savings Collection Target was 75 Crores and the achievement was 156,90 Crores which is 1295.87%. Till May 2019 the net Small Savings collection is 16,64 Crores. In Odisha Small Savings Incentive Scheme for AP series total numbers of 1,78,859 coupons were issued to the respective prize winners against target given 1,70,000 .The Website opens from 1st August till 28 February. The Lottery draw of AP series was held on 30th June,2019.