Category : Government Schemes
 The Finance Ministry has kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the July-September quarter. The move is aimed at matching the hardening interest rates in the banking sector. Interest rates for small savings schemes are notified on a quarterly basis. |
| The Interest rates on different Small Savings schemes are as follows: |
| Sl. No. |
Schemes | Interest rate (in %) |
|---|---|---|
| 1. | 5 yr Senior Citizen Savings Scheme (Paid Quarterly) | 8.3 |
| 2. | Savings Deposits | 4 |
| 3. | Public Provident Fund (PPF) | 7.6 |
| 4. | National Savings Certificate (NSC) | 7.6 |
| 5. | Kisan Vikas Patra (maturity in 11 months) | 7.3 |
| 6. | Sukanya Samriddhi Account (SSA) | 8.1 |
| 7. | Term Deposit (1-5 years) | 6.6-7.4 |
| Source- The Firstpost |
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