Post Office Small Savings Schemes: In a recent announcement, the Government said that the interest rates for various small savings schemes will remain unchanged for the April- June quarter of 2025. These rates are determined by quarterly reviews that are based on guidelines ensuring competitiveness. The rates, effective from the 1st of April to the 30th of June, will provide consistency for investors.
PPF At 7.1%, SCSS At 8.2%
These investment options are generally referred to as post office savings schemes. While the Public Provident Fund (PPF) will steadily hold a 7.1% rate, the Senior Citizens Savings Scheme (SCSS) will maintain an 8.2% rate. “The rates of interest on various Small Savings Schemes for the first quarter of FY 2025-26, starting from April 1, 2025, and ending on 30th June 2025, shall remain unchanged from those notified for the fourth quarter (1st January 2025 to 31st March 2025) of FY 2024-25,” the official circular from Finance Ministry stated.
Latest Post Office Savings Schemes Interest Rates:
Public Provident Fund (PPF)
The Public Provident Fund (PPF) has been retained at 7.1%.
Post Office Savings Deposit
Post Office Savings Deposit remains at 4 percent.
Sukanya Samriddhi Scheme
The interest rate for the Sukanya Samriddhi scheme has increased to 8.2 percent, while the rate on a three-year time deposit stays at 7.1% (Active in the current quarter).
Kisan Vikas Patra (KVP)
The interest rate on the Kisan Vikas Patra (KVP) will attract investors at 7.5 percent (Will mature in 115 months).
Other Small Savings Scheme Interest Rates:
| Monthly Income Account Scheme | 7.4 percent |
| National Savings Certificate (NSC) | 7.7 percent |
Sukanya Samriddhi Yojana Rate Rose By…
The latest adjustment in the interest rates of the post office saving scheme occurred during January- March 2024 period, the final quarter of FY 2023-24. Notably, the government increased rates for two schemes: the 3-year time deposit rate increased from 7% to 7.1%. Meanwhile, the Sukanya Samriddhi Yojana (SSY) rate rose by 0.2% from 8% to 8.2%.
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