Small-savings schemes, like the PPF and the NSC will continue to earn the same interest rates in the first quarter of FY23 as they did in the previous quarter. Here are the applicable rates
31-Mar-2022 •Research Desk
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 eight quarters.
| Apr-Jun, 2022 | Jan-Mar, 2022 | Oct-Dec, 2021 | Jul-Sep, 2021 | Apr-Jun, 2021 | Jan-Mar, 2021 | Oct-Dec, 2020 | Jul-Sep, 2020 | |
| PORD 5 year | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 | 5.8 |
| POTD 1 year | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 |
| POTD 2 year | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 |
| POTD 3 year | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 | 5.5 |
| POTD 5 year | 6.7 | 6.7 | 6.7 | 6.7 | 6.7 | 6.7 | 6.7 | 6.7 |
| POMIS | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 | 6.6 |
| PPF | 7.1 | 7.1 | 7.1 | 7.1 | 7.1 | 7.1 | 7.1 | 7.1 |
| SSY | 7.6 | 7.6 | 7.6 | 7.6 | 7.6 | 7.6 | 7.6 | 7.6 |
| SCSS | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 | 7.4 |
| NSC | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 | 6.8 |
| KVP | 6.9 | 6.9 | 6.9 | 6.9 | 6.9 | 6.9 | 6.9 | 6.9 |
| RBI 7.15% Bonds | 7.15 | |||||||
| PMVVY* | 7.4 | |||||||
|
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 KVP - Kisan Vikas Patra SSY - Sukanya Samriddhi Yojana PMVVY - Pradhan Mantri Vaya Vandana Yojana *For FY 2021-2022 |
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| Tenors | General Public | Senior Citizens |
| 7 days to 45 days | 2.90 | 3.40 |
| 46 days to 179 days | 3.90 | 4.40 |
| 180 days to 210 days | 4.40 | 4.90 |
| 211 days to less than 1 year | 4.40 | 4.90 |
| 1 year to less than 2 years | 5.10 | 5.60 |
| 2 years to less than 3 years | 5.20 | 5.70 |
| 3 years to less than 5 years | 5.45 | 5.95 |
| 5 years and up to 10 years | 5.50 | 6.30 |
| Interest rates are applicable for a deposit of below Rs 2 crore as on March 31, 2022. | ||
To get a comprehensive overview of the savings and investment options in India, click here
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