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.

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