Interest Rates for Various Small Savings Schemes from April 1, 2015

The central government Announced Interest Rates for Various Small Savings Schemes; Rates to Come Into Force with Effect from April 1, 2015

The Interest rate for Sukanya Samriddhi Account Scheme  has been increased to 9.2% per annum from 9.1% earlier with effect from April 1, 2015.

Further Interest rate on senior citizen saving scheme has been increased to 9.3% from 9.2% earlier.

However Interest rate for PPF,NSC,KVP,RD,Saving account and MIS has not been changed.

Scheme	Rate of interest w.e.f. April 1, 2014	Rate of Interest w.e.f. April 1, 2015
Savings Deposit Scheme	4%	4%
1 Year Time Deposit Scheme	8.4%	8.4%
2 Year Time Deposit Scheme	8.4%	8.4
3 Year Time Deposit Scheme	8.4%	8.4%
5 Year Time Deposit Scheme	8.5%	8.5%
5 Year Recurring Deposit Scheme	8.4%	8.4%
5 Year SCSS	9.2%	9.3%
5 Year MIS	8.4%	8.4%
5 Year NSC	8.5%	8.5
10 Year NSC	8.8%	8.8%
PPF	8.7%	8.7%
Kisan Vikas Patra	8.7%	8.7%
Sukanya Samriddhi Account	9.1%	9.2%

The above rates effective from April1, 2015.

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