Small Savings Schemes Interest Rates: Recently, the government has announced new interest rates on Small Savings Schemes. Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Kisan Vikas Patra (KVP), National Savings Certificate and other small savings schemes will get the same interest as before in the quarter from January 2025 to March 2025. This is the fourth consecutive time that the government has not made any change in the current interest rates on small savings schemes. If you are also thinking of investing in schemes like PPF, KVP, SSY or NSC, then this news can prove to be very useful for you.
How much will be earned in which scheme
As we mentioned above, no change has been made in the interest rates of any small savings scheme including PPF, KVP, NSC. If you invest in PPF scheme from January 2025 to March 2025, you will get only 7.1% annual interest. Also, if you invest in Sukanya Samriddhi Yojana, you will get 8.2% annual interest, 7.5% annual interest in Kisan Vikas Patra, 4% annual interest in Post Office Savings Account, 7.7% annual interest in National Savings Certificate, 7.4% annual interest in POMIS and 8.2% annual interest in savings schemes run for senior citizens.
How much will you earn in post office time deposit
Along with other Post Office Savings Schemes, the information about the new interest rate of Post Office Time Deposit Schemes has also been given in the information issued by the Finance Ministry. From January 2025, 6.9% annual interest will be given on 1-year Post Office Time Deposit Scheme, 7.0% annual interest will be given on 2-year Post Office Time Deposit Scheme, 7.1% annual interest will be given on 3-year Post Office Time Deposit Scheme. Also, 6.7% annual interest will be offered on 5-year Post Office Recurring Deposit Scheme.
