On Friday (March 28), the authorities introduced that the rates of interest for varied small financial savings schemes will stay the identical for the April-June quarter 2025. That is efficient from April 1, 2025.
“The charges of curiosity on varied Small Financial savings Schemes for the primary quarter of FY 2025-26 ranging from 1st April, 2025 and ending on thirtieth June, 2025 shall stay unchanged from these notified for the fourth quarter (1st January, 2025 to thirty first March, 2025) of FY 2024-25,” stated a finance ministry notification.
Sukanya Samriddhi Yojana
As per the notification, deposits below the Sukanya Samriddhi scheme will entice an rate of interest of 8.2 per cent, whereas the speed on a three-year time period deposit stays at 7.1 per cent prevailing within the present quarter.
PPF
The rates of interest for in style Public Provident Fund (PPF) and publish workplace financial savings deposit schemes too have been retained at 7.1 per cent and 4 per cent, respectively.
Kisan Vikas Patra
The rate of interest on the Kisan Vikas Patra will probably be 7.5 per cent, and the investments will mature in 115 months.
NSC
The rate of interest on the Nationwide Financial savings Certificates (NSC) will stay at 7.7 per cent for the April-June 2025 interval.
Like the present quarter, the Month-to-month Revenue Scheme will earn 7.4 per cent for traders.
With this, the rates of interest on small financial savings schemes, majorly operated by publish places of work and banks, have been left unchanged for the fifth consecutive quarter. The federal government had final made modifications in some schemes for the fourth quarter of 2023-24.
The federal government notifies the rates of interest on small financial savings schemes each quarter.
Now, here is the record of the present rates of interest of small financial savings schemes:
Small Financial savings Scheme Curiosity Charges
Sl.No.
Devices
Price of curiosity w.e.f 01.01.2025 to 31.03.2025
Compounding Frequency*
01.
Submit Workplace Financial savings Account
4.0
Yearly
02.
1 12 months Time Deposit
6.9 (Annual Curiosity ₹708 for ₹10,000/-)
Quarterly
03.
2 12 months Time Deposit
7.0 (Annual Curiosity ₹719 for ₹10,000/-)
Quarterly
04.
3 12 months Time Deposit
7.1 (Annual Curiosity ₹729 for ₹10,000/-)
Quarterly
05.
5 12 months Time Deposit
7.5 (Annual Curiosity ₹771 for ₹10,000/-)
Quarterly
06.
5 12 months Recurring Deposit Scheme
6.7
Quarterly
07.
Senior Citizen Financial savings Scheme
8.2 (Quarterly Curiosity ₹205 for ₹10,000/-)
Quarterly and Paid
08.
Month-to-month Revenue Account
7.4 (Month-to-month Curiosity ₹62 for ₹10,000/-)
Month-to-month and paid
09.
Nationwide Financial savings Certificates (VIII Concern)
7.7 (Maturity Worth ₹14,490 for ₹10,000/-)
Yearly
10.
Public Provident Fund Scheme
7.1
Yearly
11.
Kisan Vikas Patra
7.5 (will mature in 115 months)
Yearly
12.
Mahila Samman Financial savings Certificates
7.5 (Maturity Worth ₹11,602 for ₹10,000/-)
Quarterly
13.
Sukanya Samriddhi Account Scheme
8.2
With inputs from companies
