The rates of interest on various Small Savings Schemes for the first quarter of financial year 2021-22 starting from 1st April, 2021 has significantly reduced and notified by Government:
Instruments |
Rate of interest from 01.01.2021 to 31.03.2021 |
Rate of interest from 01.04.2021 to 30.06.2021 |
Savings Deposit |
4.0 |
3.5 |
1 Year Time Deposit |
5.5 |
4.5 |
2 Year Time Deposit |
5.5 |
5.0 |
3 Year Time Deposit |
5.5 |
5.1 |
5 Year Time Deposit |
6.7 |
5.8 |
5 Year Recurring Deposit |
5.8 |
5.3 |
Senior Citizen Savings Scheme |
7.4 |
6.5 |
Monthly Income Account |
6.6 |
5.7 |
National Savings Certificate |
6.8 |
5.9 |
Public Provident Fund Scheme |
7.1 |
6.4 |
Kisan Vikas Patra |
6.9 (will mature in 113 months) |
6.2 (will mature in 124 months) |
Sukanya Samriddhi Account Scheme |
7.6 |
6.9 |
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