Revised Interest Rates for Small Savings Schemes for the Third Quarter 2018-19

The interest rates for Small Savings Schemes are notified on Quarterly Basis.
Accordingly, the Rates of Interest on various Small Savings Schemes for the Third Quarter of the Current Financial Year 2018-19 starting 1^st October, 2018 and ending on 31^st December, 2018 is as given below:

Instrument	Interest Rate (October 2018-December 2018)	Compounding frequency*
Savings Deposit	4.0	Annually
1 Year Time Deposit	6.9	Quarterly
2 Year Time Deposit	7.0	Quarterly
3 Year Time Deposit	7.2	Quarterly
5 Year Time Deposit	7.8	Quarterly
5 Year Recurring Deposit	7.3	Quarterly
5 Year Senior Citizen Savings Scheme	8.7	Quarterly and paid
5 Year Monthly Income Account	7.7	Monthly and paid
5 Year National Savings Certificate	8.0	Annually
Public Provident Fund Scheme	8.0	Annually
Kisan Vikas Patra	7.7 (will mature in 112 months)	Annually
Sukanya Samriddhi Account Scheme	8.5	Annually