On 31st Mar, Govt. through press release has announced following interest rates for different savings scheme for F.Y. 2015-16. Interest rate for Sukanya Samriddhi Account and Senior Citizen Saving Scheme has been increased marginally. Whereas for PPF and other, there is no change.
| Scheme | Rate of interest for F.Y. 2014-15 | Rate of interest for F.Y. 2015-16 | Change |
|---|---|---|---|
| Savings Deposit | 4.00 | 4.00 | – |
| 1 Year Time Deposit | 8.40 | 8.40 | – |
| 2 Year Time Deposit | 8.40 | 8.40 | – |
| 3 Year Time Deposit | 8.40 | 8.40 | – |
| 5 Year Time Deposit | 8.50 | 8.50 | – |
| 5 Year Recurring Deposit | 8.40 | 8.40 | – |
| 5 Year SCSS | 9.20 | 9.30 | 0.10 |
| 5 Year MIS | 8.40 | 8.40 | – |
| 5 Year NSC | 8.50 | 8.50 | – |
| 10 Year NSC | 8.80 | 8.80 | – |
| PPF | 8.70 | 8.70 | – |
| Kisan Vikas Patra | 8.70 | 8.70 | – |
| Sukanya Samriddhi Account Scheme | 9.10 | 9.20 | 0.10 |
You can download complete press release from here.
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