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Interest rates of small-savings schemes remain unchanged

Here are the applicable rates for January to March 2020. They stay unchanged for the third consecutive quarter

Interest rates of small-savings schemes remain unchanged

In the following table, you will find the current and historical trends in interest rates of all the important government-backed savings schemes over the past seven quarters.

Jan-Mar, 2020Oct-Dec, 2019Jul-Sep, 2019Apr-Jun, 2019Jan-Mar, 2019Oct-Dec, 2018Jul-Sep, 2018Apr-Jun, 2018
PORD 5 year7.27.27.27.37.37.36.96.9
POTD 1 year6.96.96.9 7.0 7.06.96.66.6
POTD 2 year6.96.96.9 7.0 7.0 7.06.76.7
POTD 3 year6.96.96.9 7.0 7.07.26.96.9
POTD 5 year7.77.77.77.87.87.87.47.4
POMIS7.67.67.67.77.77.77.37.3
PPF7.97.97.9 8.0 8.0 8.07.67.6
SSY8.48.48.48.58.58.58.18.1
SCSS8.68.68.68.78.78.78.38.3
NSC7.97.97.9 8.0 8.0 8.07.67.6
KVP7.67.67.67.77.77.77.37.3
PMVVY 8.0
RBI 7.75%7.75
Index
PORD - Post Office Recurring Deposit
POTD - Post Office Time Deposit
POMIS - Post Office Monthly Income Scheme
SCSS - Senior Citizen Savings Scheme
NSC - National Savings Certificate
PMVVY - Pradhan Mantri Vaya Vandana Yojana
KVP - Kisan Vikas Patra
SSY - Sukanya Samriddhi Yojana

SBI FD Rates

TenorsGeneral PublicSenior Citizens
7 days to 45 days4.50 5.00
46 days to 179 days5.506.00
180 days to 210 days5.806.30
211 days to less than 1 year5.806.30
1 year to less than 2 years 6.25 6.75
2 years to less than 3 years 6.25 6.75
3 years to less than 5 years 6.25 6.75
5 years and up to 10 years 6.25 6.75
Interest rates are applicable for a deposit of below Rs 2 crore as on December 31, 2019.

To get a comprehensive overview of the savings and investment options in India, click here.