Interest rates announced for schemes like Sukanya, NSC, SCSS, and PPF, know how much return you will get in the October quarter.

Interest rates announced for schemes like Sukanya, NSC, SCSS, and PPF, know how much return you will get in the October quarter.

On Monday, September 30, the Central Government announced the interest rates for all the small savings schemes of the post office like Public Provident Fund, Sukanya Samriddhi Yojana, Senior Citizen Scheme.

New Delhi: Small savings schemes are very famous among the middle class people due to their attractive returns. On Monday, a big update has come from the government regarding these schemes. Actually, the Finance Ministry has announced the interest rates for the quarter starting from October 1 and ending on December 31. In such a situation, before investing in Senior Citizen (SCSS), Sukanya Samriddhi Yojana (SSY), National Savings Certificate (NSC), Post Office Term Deposit (POTD), Mahila Samman Savings Certificate and Post Office Monthly Income Scheme (POMIS), you must know the interest rates available on them once.

Know what are the new interest rates?

The central government has announced the interest rates on small savings schemes late evening today i.e. on 30 September. The Finance Ministry has not made any change in the interest rates for the October-December quarter, that is, the interest which these schemes were getting during the July-September quarter, will also be available in the October-December quarter.

The ministry issued a press release saying, "For the third quarter of the financial year 2024-25, the interest rates on various small savings schemes starting from October 1, 2024 and ending on December 31, 2024 will remain unchanged from the rates notified for the second quarter of the financial year 2024-25."

How much return is being received on which scheme

7.7 percent interest on National Savings Certificate.

7.1 percent return on Public Provident Fund Scheme.

7.5 percent interest on Kisan Vikas Patra Yojana.

8.2% interest on Sukanya Samriddhi Account.

4 percent interest on Saving Deposit.

6.9 percent interest on time deposits of 1 year duration.

7 percent interest on time deposits maturing in 2 years.

7.1 percent interest on time deposits maturing in 3 years.

7.5% return on 5-year time deposits.

6.7% interest on 5-year RD.

8.2 percent return on Senior Citizen Savings Scheme.

7.4% interest on Monthly Income Account Scheme.