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Small Saving Scheme Interest Rates: Government will decide the interest rate on small savings scheme on this day, these are post office schemes

Small Saving Scheme: The government revises the interest rates of small savings scheme every quarter. The government will fix the interest rates of Small Savings Scheme (Post Office Small Saving Scheme) for the July to September 2024 quarter

Small Saving Scheme: The government revises the interest rates of small savings schemes every quarter. The government will fix the interest rates of the Small Savings Scheme (Post Office Small Savings Scheme) for the July to September 2024 quarter. The government did not change the interest rates for the April to June quarter 2024. Now at the end of June, the government can fix the interest rate for the small savings scheme.

These are the small savings schemes

Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Mahila Samman Savings Certificate, Senior Citizen Savings Scheme (SCSS) and National Savings Certificate (NSC) are some famous small savings schemes among the common people. Here the financiers are telling about the interest being received on the small savings scheme for the first quarter of the year 2024-25.

This is the interest rate on small savings scheme right now

NumberSaving SchemeInterest Rate from 01.04.2024 to 30.06.2024When do you get interest
01.Post Office Savings Account4.0every year
02.1 year FD6.9 (Annual interest on ₹10,000/- is ₹708)Quarterly
03.2 year FD7.0 (Annual interest for ₹10,000/- is ₹719)Quarterly
04.3 year FD7.1 (Annual interest for ₹10,000/- is ₹719)Quarterly
05.5 year FD7.5 (Annual interest on ₹10,000/- is ₹771)Quarterly
06.5 Year Recurring Deposit6.7Quarterly
07.Senior Citizen Savings Scheme8.2 (Quarterly interest ₹205 for ₹10,000/-)Payments are made quarterly.
08.Monthly Income Scheme7.4 (Monthly interest ₹62 for ₹10,000/-)Payment is made monthly.
09.National Savings Certificate (8th Issue)7.7 (Maturity Value ₹14,490 for ₹10,000/-)every year
10.Public Provident Fund Scheme7.1every year
11.Kisan Vikas Patra7.5 (will mature in 115 months)every year
12.Mahila Samman Saving Scheme7.5 (Maturity Value ₹11,602 for ₹10,000/-)Quarterly
13.Sukanya Samriddhi Scheme8.2​every year

 

Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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