look news india
Interest Rates: Small savings schemes are quite popular among middle class people due to their attractive returns. On Monday, a big update has come from the government regarding these schemes. Actually, the Finance Ministry has announced the interest rates for the quarter starting from October 1 and ending on December 31. In such a situation, before investing in Senior Citizen (SCSS), Sukanya Samriddhi Yojana (SSY), National Saving Certificate (NSC), Post Office Term Deposit (POTD), Mahila Samman Saving Certificate and Post Office Monthly Income Scheme (POMIS), you should take a You must know the interest rates available on these bars.
Know what are the new interest rates?
The Central Government has announced the interest rates on small savings schemes late in the evening today i.e. on 30th September. The Finance Ministry has not made any change in the interest rates for the October-December quarter, that is, the same interest which was being received on these schemes during the July-September quarter, will be available in the October-December quarter also.
The ministry issued a press release saying, “Interest rates on various small savings schemes for the third quarter of the financial year 2024-25 beginning October 1, 2024 and ending December 31, 2024 will be the same as for the second quarter of the financial year 2024-25. Will remain unchanged from the notified rates.”
How much return is being received on which scheme?
- 7.7% interest on National Savings Certificate.
- 7.1% returns on Public Provident Fund Scheme.
- 7.5% interest on Kisan Vikas Patra Scheme.
- 8.2% interest on Sukanya Samriddhi Account.
- 4% interest on savings deposits.
- 6.9% interest on 1 year fixed deposit.
- 7% interest on fixed deposits with a tenure of 2 years.
- 7.1% interest on fixed deposits with a tenure of 3 years.
- 7.5% return on 5 year fixed deposit.
- 5 years RD At 6.7% interest.
- 8.2% returns on Senior Citizen Savings Scheme.
- 7.4% interest on Monthly Income Account Scheme.