New Interest Rates In Small Saving Scheme – RBI

SSCHello everyone, Trust all of you doing great in your life. As per recent notification dated 06.04.2017 issued by RBI, Interest Rates in Small Saving Schemes are revised. The revised rates are for first quarter (01.04.2017 to 30.06.2017) of financial year 2017-18. New rates are: –

  • Saving account deposit – 4% annually
  • One year time deposit – 6.9 % Quarterly
  • Two year time deposit – 7 % Quarterly
  • Three year time deposit – 7.2 % Quarterly
  • Five year time deposit – 7.7 % Quarterly
  • Five year recurring deposit – 7.2 % Quarterly
  • Five year senior citizen saving scheme – 8.4 % Quarterly
  • Five year monthly income account scheme – 7.6 % Monthly
  • Five year national saving certificate – 7.9 % Annually
  • PPF scheme – 7.9 % Annually
  • Kisan Vikas Patra – 7.6 % Annually
  • Sukanya Samridhi account scheme – 8.4 % Annually

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