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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