Categories: Economy

Government keeps interest rates on Small Savings Schemes unchanged for Q-2

The 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 that the Government notifies the Interest rates for small savings schemes on a quarterly basis.

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Various Interest Rates for Quarter-2 (July-Sept) of 2021-22 are listed below:

Sl. 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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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.