Interest Rates Remain Constant for Small Savings Schemes

The government has announced that the interest rates on various small savings schemes will remain unchanged for the fourth consecutive quarter, spanning from January 1, 2025, to March 31, 2025. This decision was confirmed by a notification from the finance ministry, ensuring stability for investors during this period.

Details of the Schemes

Among the schemes, the Sukanya Samriddhi Scheme continues to offer an interest rate of 8.2 per cent. The three-year term deposit rate stays at 7.1 per cent, while the Public Provident Fund (PPF) and post office savings deposit schemes maintain their rates at 7.1 per cent and 4 per cent, respectively. The Kisan Vikas Patra offers a 7.5 per cent interest rate with a maturity period of 115 months, and the National Savings Certificate (NSC) remains at 7.7 per cent for the January-March 2025 period. The Monthly Income Scheme also keeps its interest rate steady at 7.4 per cent.

Continued Stability in Investment Options

This marks the fourth quarter in a row without changes to the interest rates, providing a predictable investment environment for individuals relying on these schemes for their savings and investment needs. Operated primarily by post offices and banks, these schemes' rates are reviewed and notified by the government every quarter, ensuring they align with the current economic conditions.