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No change in interest rates of small-savings schemes

Here are the applicable interest rates on small savings schemes for the period October to December 2019, which the government has left unchanged


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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.

  Oct-Dec, 2019 Jul-Sep, 2019 Apr-Jun, 2019 Jan-Mar, 2019 Oct-Dec, 2018 Jul-Sep, 2018 Apr-Jun, 2018 Jan-Mar, 2018
PORD 5 year 7.2 7.2 7.3 7.3 7.3 6.9 6.9 6.9
POTD 1 year 6.9 6.9 7.0 7.0 6.9 6.6 6.6 6.6
POTD 2 year 6.9 6.9 7.0 7.0 7.0 6.7 6.7 6.7
POTD 3 year 6.9 6.9 7.0 7.0 7.2 6.9 6.9 6.9
POTD 5 year 7.7 7.7 7.8 7.8 7.8 7.4 7.4 7.4
POMIS 7.6 7.6 7.7 7.7 7.7 7.3 7.3 7.3
PPF 7.9 7.9 8.0 8.0 8.0 7.6 7.6 7.6
SSY 8.4 8.4 8.5 8.5 8.5 8.1 8.1 8.1
SCSS 8.6 8.6 8.7 8.7 8.7 8.3 8.3 8.3
NSC 7.9 7.9 8.0 8.0 8.0 7.6 7.6 7.6
KVP 7.6 7.6 7.7 7.7 7.7 7.3 7.3 7.3
PMVVY 8.00
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 6.50 7.00
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 October 01, 2019.

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