Sunday, 25 March 2018

Rates of small savings schemes

Rates of small savings schemes
22 Mar,2018
The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme for the 4th Quarter of financial year 2017-18 is as below:

InstrumentRate Of Interest W.E.F. 01.01.2018 To 31.03.2018
Savings Deposit4.0
1 Year Time Deposit6.6
2 Year Time Deposit6.7
3 Year Time Deposit6.9
5 Year Time Deposit7.4
5 Year Recurring Deposit6.9
5 Year Senior Citizen Savings Scheme8.3
5 Year Monthly Income Account7.3
5 Year National Savings Certificate7.6
Public Provident Fund Scheme7.6
Kisan Vikas Patra7.3 (will mature in 118 months)
Sukanya Samriddhi Account Scheme8.1

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha.

Source : PIB

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