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.

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

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%

Find More News on Economy Here

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.

Recent Posts

Scotland Legalises Water Cremation: First UK Nation to Approve Alkaline Hydrolysis

Scotland has become the first country in the United Kingdom to legalize water cremation, also…

3 hours ago

National Safety Day 2026: Why March 4 Matters More Than Ever for Workplace Safety in India

India is observing National Safety Day 2026 on March 4. The day reaffirming its commitment…

4 hours ago

World Obesity Day 2026: 8 Billion Reasons to Act on the Global Obesity Crisis

World Obesity Day 2026 will be observed on March 4. This year drawing global attention…

4 hours ago

India Overtakes US in Childhood Obesity With 20 Million Children

India has overtaken the United States to become the second highest country globally for childhood…

4 hours ago

Ashmolean Museum Returns 16th Century Saint Thirumankai Alvar Idol to India

The Ashmolean Museum at the University of Oxford has formally returned a 16th-century bronze idol…

4 hours ago

Indian Women’s Cricket Team Nominated for 2026 Laureus World Team of the Year

A landmark achievement for Indian sport. In which the India women's national cricket team has…

5 hours ago