However, the interest rate in the five-year Senior Citizens Savings Scheme has been retained at 8.3 per cent. Interest on post office savings deposits has also been retained at 4 per cent.
Since April 2016, the government has been revising interest rate on small savings scheme on a quarterly basis, as compared to the annual mode earlier. The interest rate on small savings schemes are benchmarked to yields on government bonds, with a small mark-up.
What are the latest interest rate for January – March 2018?
Check the below Table:-