Small Savings Schemes: New Interest Rate On PPF, NSC, KVP, Sukanya Samriddhi Scheme

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Central Government in its latest revision of small savings scheme rates has cut interest rate by 20 basis points for the January-March 2018 period.

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:-

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