- The interest rates on key small savings schemes have been kept unchanged for Q2 (July 1-September 30, 2023
Instrument | Rate of Interest (Apr 1-Jun 30, 2023) |
Rate of Interest (July 1-Sept 30, 2023) |
National Savings Certificate (NSC) | 7.7% | 7.7% |
Sukanya Samriddhi Savings Scheme | 8% | 8% |
PPF | 7.1% | 7.1% |
Savings Deposits | 4.0% | 4.0% |
Senior Citizen Saving Scheme | 8.2% | 8.2% |
Kisan Vikas Patra | 7.5% | 7.5% |
(Maturity in 115 Months) | (Maturity in 115 Months) | |
1-year time Deposit | 6.8% | 6.9% |
2-year time Deposit | 6.9% | 7.0% |
5-year recurring Deposit | 6.2% | 6.5% |
Monthly income A/C | 7.4% | 7.4% |