Interest rates on small-savings schemes hold steady!

Interest rates on small-savings schemes hold steady!

Published: 01st Jan 2025

By: Value Research

No change

The government sets interest rates on small-savings schemes every quarter. This time, there's no hike or dip! Schemes like the Public Provident Fund and National Savings Certificate (NSC) retain their interest rates for the January-March 2025 quarter.

PPF still attractive

Public Provident Fund (PPF) continues to offer tax-free returns at 7.1 per cent, making it an appealing investment avenue for your fixed-income allocation.

8.2% returns with SSY

Sukanya Samriddhi Yojana (SSY) continues to offer 8.2 per cent interest rate. The tax-free scheme for the girl child matures after 21 years from opening or upon marriage of the girl after age 18.

Senior citizens’ benefits

Senior Citizen Savings Scheme (SCSS) maintains an attractive 8.2 per cent return, while the Post Office Monthly Income Scheme (POMIS) maintains a 7.4 per cent return for regular income seekers.

Time deposits vs Bank FDs

Post Office Time Deposits offer up to 7.5 per cent for five-year deposits, competing well with SBI FDs, which offer 6.5 per cent (7.5 per cent for seniors) for similar tenure.

Want more details?

To check the current and previous quarters' interest rates of all small-savings schemes, click the link below.

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