New Delhi: The Centre on Monday kept the small savings schemes left the interest rates unchanged including those for PPF, Sukanya Samriddhi Scheme and more. The finance ministry revises the interest rates on these schemes on a quarterly basis.
The rates will prevail from October 1, 2024, to December 31, 2024, and “shall remain unchanged from those notified for the second quarter,” said the finance ministry.
Rates of Small Savings Scheme for October quarter
Scheme
Interest rate (In %)
Sukanya Samriddhi Account Scheme
8.2
Public Provident Fund
7.1
Kisan Vikas Patra
7.5
National Savings Certificate
7.7
Monthly Income Scheme
7.4
The Centre has kept interest rates unchanged on small savings schemes for the last 3 quarters. The last changes were made in Q4FY22. Small savings schemes are offered by the post office as well as privately- and government-owned banks.
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The Centre on Monday shared the latest interest rates for small savings schemes including PPF, Sukanya Samriddhi Scheme and more. Check rates here. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today