New Delhi:
There is no change in the interest rates on small savings schemes like Public Provident Fund (PPF), Sukanya Samriddhi Yojana for the quarter starting from January 1, 2025 (January 1 to March 31, 2025). Have done. This is the fourth consecutive quarter when the government has decided not to make any change in interest rates. This information related to interest rates of small savings schemes has been received from a notification of the Finance Ministry.

People were feeling that they might get the gift of increased interest rates from the government in the new year, but their expectations were not fulfilled. This means that even in the last quarter of financial year 2024-25, the same interest rates will be available on these schemes which were available in the previous quarter. Let us take a look at the interest rates available on these small savings schemes.

Small Saving Schemes and interest rates available on them

• Interest rate for Sukanya Samriddhi Yojana (SSY) from January 1 to March 31, 2025: 8.2%
• Interest rate for Public Provident Fund (PPF) from January 1 to March 31, 2025: 7.1%
• Interest rate on Post Office Savings Account from January 1 to March 31, 2025: 4%
• Interest rate on Kisan Vikas Patra (KVP) from January 1 to March 31, 2025: 7.5%
• Interest rate on National Savings Certificate (NSC) from January 1 to March 31, 2025: 7.7%
• Interest rate on Post Office Monthly Income Scheme from January 1 to March 31, 2025: 7.4%
• Interest rate on post office savings deposits from January 1 to March 31, 2025: 4.0%
• Interest rate for 1 year Post Office Time Deposit from January 1 to March 31, 2025: 6.9%
• Interest rate for 2 year post office time deposit from January 1 to March 31, 2025: 7.0%
• Interest rate for 3 years Post Office Time Deposit from January 1 to March 31, 2025: 7.1%
• Interest rate for 5 year post office time deposit from January 1 to March 31, 2025: 7.5%
• Interest rate for 5 year post office recurring deposit from January 1 to March 31, 2025: 6.7%
• Interest rate on Senior Citizen Savings Scheme from January 1 to March 31, 2025: 8.2%

Let us tell you that the government announces interest rates on these schemes every quarter. This is the fourth quarter when the government has not made any change in the interest rates on these schemes. These small savings schemes supported by the Government of India give common people an opportunity to save and secure their future.

How are interest rates decided?

The interest rates of these schemes are decided on the basis of the yield of government bonds. To attract investors, the rates of these schemes are kept slightly higher than the government bond yield.

When was the last time interest rates changed?

Last year, interest rates were changed in the January-March 2024 quarter. That means, from April 2024 till now, interest rates have not been changed even once. Even in the January-March 2024 quarter, only the interest rates of 3-year Post Office Time Deposit and Sukanya Samriddhi Yojana were changed.