Latest Small Savings Interest Rates

Senior Citizen Savings Scheme (SCSS)

Interest rate for Senior Citizen Savings Scheme (SCSS) has been increased from 8.0 % to 8.2 % effective 1st April 2023.

Monthly Income Account

Interest rate for Monthly Income Account has been increased from 7.1 % to 7.4 % effective 1st April 2023.

National Savings Certificate (NSC)

Interest rate for National Savings Certificate (NSC) has been increased from 7.0 % to 7.7 % effective 1st April 2023.

Public Provident Fund (PPF)

The Interest rate for Public Provident Fund (PPF) has been retained at 7.1%.

Kisan Vikas Patra (KVP)

Interest rate for Kisan Vikas Patra (KVP) has been increased from 7.2 % to 7.5%

Sukanya Samriddhi Yojana (SSY)

Interest rate for Sukanya Samriddhi Yojana (SSY) has been increased from 7.6 % to 8.0 %

1 Year Time deposit

The Interest rate for 1 Year Time deposit has been increased from 6.6 % to 6.8 %

2 Year Time deposit

The Interest rate for 2 Year Time deposit has been increased from 6.8 % to 6.9 %

3 Year Time deposit

The Interest rate for 3 Year Time deposit has been increased from 6.9 % to 7.0 %

5 Year Time deposit

The Interest rate for 5 Year Time deposit has been increased from 7.0 % to 7.5 %

5 Year recurring deposit

The Interest rate for 5 Year recurring deposit has been increased from 5.8 % to 6.2 %