If you invest in small savings schemes like the Public Provident Fund (PPF) and National Savings Certificate (NSC), then this news is important for you. The government on Friday decided to keep the interest rates of various small savings schemes including these schemes unchanged for the April-June quarter of the financial year 2025-26.
This is the fifth consecutive quarter when there has been no change in the interest rates of small savings schemes. So let us know how much interest rates will be applicable on which schemes for the April-June 2025 quarter.
Interest rates are stable for the fifth consecutive quarter
The Finance Ministry said in a notification that the interest rates on various small savings schemes for the quarter starting from April 1, 2025 and ending on June 30, 2025 will remain at the rates notified for the January-March quarter of the financial year 2024-25. This means that investors will continue to get interest on their savings as before.
Read More:-Bank Fees Exposed: Know How Banks Are Secretly Taking Money from Your Account
Read More:- Bad News for Patients: Essential Medicines for Diabetes, Heart Disease, and Cancer to Get Costlier
From Sukanya Samriddhi to PPF
According to the notification, deposits under Sukanya Samriddhi Yojana will continue to get an interest rate of 8.2 percent, while the rate on three-year term deposits will remain stable at 7.1 percent this quarter. Interest rates on the popular Public Provident Fund (PPF) and Post Office Savings Deposit schemes have also been retained at 7.1 percent and four percent respectively for the next quarter.
The interest rate on Kisan Vikas Patra will remain at 7.5 percent as before and this investment will mature in 115 months. The interest rate on the National Savings Certificate (NSC) will remain at 7.7 percent for the period April-June 2025. Like the current quarter, the Monthly Income Scheme will continue to earn 7.4 percent to investors.
No change in interest rates for the fifth time
With this, the interest rates of small savings schemes run by post offices and banks have been kept unchanged for the fifth consecutive quarter. The government last changed the interest rates of some schemes for the fourth quarter of the financial year 2023-24. The government issues notification of interest rates on small savings schemes every quarter.
Read More:- Get Up to ₹10 Lakh Education Loan Under PM Vidyalakshmi Yojana, Know How