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Interest Rates on key Small Savings Schemes

Published on Monday, July 17, 2023
  • The interest rates on key small savings schemes have been kept unchanged for Q2 (July 1-September 30, 2023

Rate of Interest (Apr 1-Jun 30, 2023)

Rate of Interest (July 1-Sept 30, 2023)
National Savings Certificate (NSC)7.7%


Sukanya Samriddhi Savings Scheme8%8%
Savings Deposits4.0%4.0%
Senior Citizen Saving Scheme8.2%8.2%
Kisan Vikas Patra7.5%                    7.5%

(Maturity in 115 Months)(Maturity in 115 Months)
1-year time Deposit6.8%6.9%
2-year time Deposit6.9%7.0%
5-year recurring Deposit6.2%6.5%
Monthly income A/C7.4%7.4%
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