Government Schemes Interest Rates: The central government has given its decision on the interest rates of small savings schemes for the first quarter of the financial year 2025-26.
The government has not changed the interest rates on all small savings schemes including PPF, KVP, SSY for the April-June quarter. Let us tell you that this is the fifth consecutive quarter when the government has not changed the interest rates of small savings schemes. The Finance Ministry said in a circular that the interest rates on different small savings schemes in the quarter starting from April 1, 2025 and ending on June 30, 2025 will remain unchanged from the rates notified for the January-March quarter of the financial year 2024-25.
Sukanya Samriddhi Yojana, interest on Kisan Vikas Patra will remain same as before
According to the circular, accounts opened in the name of daughters under Sukanya Samriddhi Yojana will get 8.2 percent interest, while 3-year FDs will continue to get 7.1 percent interest. The interest rates of PPF and post office savings deposit schemes, which are popular among the common people, have also been retained at 7.1 percent and 4 percent respectively for the next quarter. The interest rate on Kisan Vikas Patra (KVP) will remain at 7.5 percent as before and this investment will mature in 115 months.
National Savings Certificate will continue to get interest at the rate of 7.7 percent
The interest rate on National Savings Certificate (NSC) will remain at 7.7 percent for the period April-June 2025. Apart from this, Monthly Income Scheme (MIS) will also continue to get interest of 7.4 percent like the current quarter. Let us tell you that the government last changed the interest rates of some schemes for the fourth quarter of the financial year 2023-24. The government changes the interest rates of small savings schemes every 3 months as per the need and issues its notification.
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