PPF Interest Rate 7.1% – KVP Interest Rate 6.9% – NSC Interest Rate 6.8% – April to June 2020

Public Provident Fund (PPF) Interest Rate 7.1% – Kissan Vikas Patra (KVP) Interest Rate 6.9% – National Savings Certificate (NSC) Interest Rate 6.8% – For the period between April and June 2020

Check also: Interest Rates Table for National Savings Scheme from April to July 2020

The Department of Economic Affairs today published an office memorandum regarding revised rates of small savings schemes for the first quarter of 2020-21 Financial year.

The first quarter is starting from 1 April 2020 and ending on 30 June 2020, the below table describes the interest rates for all savings schemes:

F.No.1/4/2019-NS
Government of India Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 31.03.2020

Office Memorandum

Subject: Revision of interest rates for Small Savings Schemes – reg.

In exercise of the powers conferred by Rule 9(1) of the Government Saving Promotion General Rules, 2018, the rates of interest on various Small Savings Schemes for the first quarter of financial year 2020- 21 starting from 1st April , 2020 and ending on 30th June, 2020 have been revised as indicated below:

This has the approval of Finance.

sd/-
(Rajesh Panwar)
Dy. Director (Budget)

Source: Department of Economic Affairs