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

National Space Day 2026: Theme, History and Chandrayaan-3 Legacy

National Space Day 2026 celebrated on 23rd August, 2026 in in honor of one of…

10 hours ago

Indian Navy Receives Mangrol, Third Anti-Submarine Warfare Shallow Water Craft

Mangrol, the third ASW-SWC, which has more than 80% indigenous content, was handed over to…

21 hours ago

NBSS&LUP Develops India’s First Soil Texture Map: Features, Uses and Significance

India has come up with its first-ever Soil Texture Map by the National Bureau of…

22 hours ago

National Teachers Awards 2026: Check List of 48 Awardees, Date, Selection Process and Key Details

President Droupadi Murmu will present the National Teachers’ Awards 2026 on 5 September 2026 (Teachers'…

22 hours ago

Centre Notifies ₹62,500 Crore Mobile Phone Manufacturing Scheme

Mobile Phone Manufacturing Scheme (MPMS) of INR 62,500 Crore has been announced by the Centre…

23 hours ago

Who Is Sophie Adenot? Career, Achievements and Historic ISS Spacewalk

Sophie Adenot is a French engineer, helicopter test pilot, military officer and European Space Agency…

23 hours ago