Small Savings Scheme Interest Rates 2021 | Small Savings Scheme Interest Rates 2022
The rate of interest on various Small Savings Schemes (National Savings Schemes) for the second quarter of the financial year 2022-23 (starting from 1st July 2022 and ending on 30 September 2022) shall remain unchanged from the current interest rates applicable for the first quarter (1st April 2022 to 30th June 2022) of Financial Year 2022-2023.
The details of interest rates are indicated below for ready reference:
| SL No. | National Savings Scheme | Rate of interest w.e.f.01.04.2021 to 30.06.2021 (%) | Rate of interest w.e.f 01.07.2021 to 30.09.2021 (%) (unchanged ) | Compounding Frequency * |
| 01. | Post Office SavingsAccount | 4.0 | 4.0 | Annually |
| 02. | 1 Year Time Deposit | 5.5 | 5.5 | Quarterly |
| 03. | 2 Year Time Deposit | 5.5 | 5.5 | Quarterly |
| 04. | 3 Year Time Deposit | 5.5 | 5.5 | Quarterly |
| 05. | 5 Year Time Deposit | 6.7 | 6.7 | Quarterly |
| 06. | 5 Year Recurring Deposit Scheme | 5.8 | 5.8 | Quarterly |
| 07. | Senior Citizen Savings Scheme | 7.4 | 7.4 | Quarterly and Paid |
| 08. | Monthly Income Account | 6.6 | 6.6 | Monthly and paid |
| 09. | National Savings Certificate (VIII Issue) | 6.8 | 6.8 | Annually |
| 10. | Public Provident Fund Scheme | 7.1 | 7.1 | Annually |
| 11. | Kisan Vikas Patra | 6.9 (will mature in 124 months) | 6.9 (will mature in 124 months) | Annually |
| 12. | Sukanya Samriddhi Account Scheme | 7.6 | 7.6 | Annually |
Small Saving Scheme Interest Rate Table 2022
| January to March 2022 | Download PDF |
| April to June 2022 | Download PDF |
| July to September 2022 | Download PDF |
| October to December 2022 | Download PDF |
| January to March 2021 | Download PDF |
| April to June 2021 | Download PDF |
| July to September 2021 | Download PDF |
| October to December 2021 | Download PDF |
| January to March 2020 | Download PDF |
| April to June 2020 | Download PDF |
| July to September 2020 | Download PDF |
| October to December 2020 | Download PDF |
Interest rates for small savings schemes are notified on a quarterly basis since 1st April 2016
F.No.01/04/2016-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 29.09.2017
Office Memorandum
Subject: Revision of interest rates for Small Savings Scheme
On the basis of the decision of the Government, interest rates for small savings schemes are notified on a quarterly basis since 1st April 2016. Accordingly, the rates of interest on various small savings schemes for the third quarter of the financial year 2017-18 starting 1st October 2017 shall remain unchanged from those notified for the second quarter of FY 2017-18.
2. This has the approval of the Finance Minister.
sd/-
(H.K.Srivastav)
Director (Budget