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

Recent Posts

Which District of Uttar Pradesh is known as the Katehar Region?

In Uttar Pradesh, certain areas are recognized by specific regional names that highlight their historical,…

8 hours ago

Which District of Haryana is Known as Brass City?

Haryana is a state in northern India known for its rich history and industrial growth.…

9 hours ago

Govt Should Include Coking Coal in Critical Minerals List: NITI Aayog

The NITI Aayog has recommended adding coking coal to India's critical minerals list, emphasizing its…

10 hours ago

UK and India to Relaunch FTA Talks in Early 2025: Strengthening Bilateral Ties

UK Prime Minister Keir Starmer announced the resumption of Free Trade Agreement (FTA) negotiations with…

10 hours ago

COP29 Tourism Sector Gains Global Support for Climate Action

COP29 marked a significant milestone in global efforts to address climate change within the tourism…

10 hours ago

Bali Celebrates Hindu Festival of Gratitude

Bali is home to a rich cultural heritage that blends Hindu philosophy, local animist traditions,…

11 hours ago