Government keeps interest rates on Small Savings Schemes unchanged for Quarter-2 of 2021-22

Government keeps interest rates on Small Savings Schemes unchanged for Quarter-2 of 2021-22

Government keeps interest rates on Small Savings Schemes unchanged for Quarter-2 of 2021-22

  • Government of India has announced that the rate of interest on Small Savings Schemes for the second quarter (July-Sept) of 2021-22 will remain unchanged as the last quarter (April-June) of 2021-2022.
  • It must be noted hat the Government notifies the Interest rates for small savings schemes on quarterly basis.
  • Various Interest Rates for Quarter-2 (July-Sept) of 2021-22 are listed below:
S.No Small Savings Scheme Interest Rate
1 Post Office Savings Account 4%
2 5-Year Post Office Recurring Deposit (RD) Account 5.8%
3 Post Office Time Deposit (TD) Account – One Year 5.5%
4 Post Office Time Deposit Account (TD) – Two Years 5.5%
5 Post Office Time Deposit Account (TD) – Three Years 5.5%
6 Post Office Time Deposit Account (TD) – Five Years 6.7%
7 Post Office Monthly Income Scheme Account (MIS) 6.6%
8 Senior Citizen Savings Scheme (SCSS) 7.4%
9 15-Year Public Provident Fund Account (PPF) 7.1%
10 National Savings Certificates (NSC) 6.8%
11 Kisan Vikas Patra (KVP) 6.9%
12 Sukanya Samriddhi Account 7.6%

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