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The rates of interest on various Small Savings Schemes for the fourth quarter of financial year 2023-24 starting from 1st January, 2024 and ending on 31st March, 2024 have been revised as detailed below:
Instrument
Rate of interest from 01.01.2024 To 31.03.2024
Savings Deposit
4.0
1 Year Time Deposit
6.9
2 Year Time Deposit
7.0
3 Year Time Deposit
7.1
5 Year Time Deposit
7.5
5 Year Recurrings Deposit
6.7
Senior Citizen Saving Scheme
8.2
Monthly Income Account Scheme
7.4
National Saving Certificate
7.7
Public Provident Fund Scheme
Kisan Vikas Patra
7.5(will mature in 115 months)
Sukanya Samridhhi Account Scheme