Rates of interest on small financial savings schemes like PPF, NSC: Govt proclaims charges for April-June quarter, test particulars
Rates of interest on small financial savings schemes like PPF, NSC: Small financial savings schemes are often known as put up workplace schemes. Deposits underneath the Sukanya Samriddhi scheme will entice an rate of interest of 8.2 per cent.
The federal government on Friday introduced rates of interest for the small saving schemes, often known as put up workplace schemes, for the April-June quarter. The federal government has stored the charges unchanged on numerous small financial savings schemes, together with PPF and NSC, for the fifth straight quarter starting April 1, 2025.
“The charges of curiosity on numerous Small Financial savings Schemes for the primary quarter of FY 2025-26 ranging from 1st April, 2025 and ending on thirtieth June, 2025 shall stay unchanged from these notified for the fourth quarter (1st January, 2025 to thirty first March, 2025) of FY 2024-25,” mentioned a finance ministry notification.
As per the notification, deposits underneath the Sukanya Samriddhi scheme will entice an rate of interest of 8.2 per cent, whereas the speed on a three-year time period deposit stays at 7.1 per cent prevailing within the present quarter.
The rates of interest for standard Public Provident Fund (PPF) and put up workplace financial savings deposit schemes too have been retained at 7.1 per cent and 4 per cent, respectively.
The rate of interest on the Kisan Vikas Patra shall be 7.5 per cent, and the investments will mature in 115 months.
The rate of interest on the Nationwide Financial savings Certificates (NSC) will stay at 7.7 per cent for the April-June 2025 interval.
Like the present quarter, the Month-to-month Earnings Scheme will earn 7.4 per cent for buyers.
With this, the rates of interest on small financial savings schemes, majorly operated by put up places of work and banks, have been left unchanged for the fifth consecutive quarter. The federal government had final made modifications in some schemes for the fourth quarter of 2023-24.
The federal government notifies the rates of interest on small financial savings schemes each quarter.
With PTI inputs
