{"id":14,"date":"2019-01-06T17:43:38","date_gmt":"2019-01-06T12:13:38","guid":{"rendered":"https:\/\/freefincal.com\/topical\/?p=14"},"modified":"2021-09-25T19:32:17","modified_gmt":"2021-09-25T14:02:17","slug":"small-saving-scheme-interest-rates","status":"publish","type":"post","link":"https:\/\/freefincal.com\/topical\/small-saving-scheme-interest-rates\/","title":{"rendered":"Small Saving Scheme Interest Rates List (Oct-Dec 2019)"},"content":{"rendered":"<p>Here are the small saving scheme interest rates for the quarter Oct to Dec 2019 issued by the finance ministry.\u00a0 \u00a0Data source: <a href=\"http:\/\/www.nsiindia.gov.in\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"National Small Savings Institute (opens in a new tab)\">National Small Savings Institute<\/a><\/p>\n<h2>The current PPF interest rate is\u00a0 7.9%<\/h2>\n<h2>The current Sukanya Samriddhi Account\u00a0 interest rate is 8.4%<\/h2>\n<table class=\"wp-block-table has-fixed-layout is-style-stripes\">\n<tbody>\n<tr>\n<td>Instrument<\/td>\n<td>Rate of Interest w.r.t 01.07.2019 to 30.09.2019<\/td>\n<td>Rate of Interest w.r.t 01.010.2019 to 31.12.2019<\/td>\n<td>Compounding Frequency<\/td>\n<\/tr>\n<tr>\n<td>Savings Deposit<\/td>\n<td>4<\/td>\n<td>4<\/td>\n<td>Annually<\/td>\n<\/tr>\n<tr>\n<td>1 year Time Deposit<\/td>\n<td>6.9<\/td>\n<td>6.9<\/td>\n<td>Quarterly<\/td>\n<\/tr>\n<tr>\n<td>2 year Time Deposit<\/td>\n<td>6.9<\/td>\n<td>6.9<\/td>\n<td>Quarterly<\/td>\n<\/tr>\n<tr>\n<td>3 year Time Deposit<\/td>\n<td>6.9<\/td>\n<td>6.9<\/td>\n<td>Quarterly<\/td>\n<\/tr>\n<tr>\n<td>5 year Time Deposit<\/td>\n<td>7.7<\/td>\n<td>7.7<\/td>\n<td>Quarterly<\/td>\n<\/tr>\n<tr>\n<td>5 year Recurring Deposit<\/td>\n<td>7.2<\/td>\n<td>7.2<\/td>\n<td>Quarterly<\/td>\n<\/tr>\n<tr>\n<td>5 year Senior Citizen Savings Scheme<\/td>\n<td>8.6<\/td>\n<td>8.6<\/td>\n<td>Quarterly and Paid<\/td>\n<\/tr>\n<tr>\n<td>5 year Monthly Income Account<\/td>\n<td>7.6<\/td>\n<td>7.6<\/td>\n<td>Monthly and Paid<\/td>\n<\/tr>\n<tr>\n<td>5 year National Savings Certificate<\/td>\n<td>7.9<\/td>\n<td>7.9<\/td>\n<td>Annually<\/td>\n<\/tr>\n<tr>\n<td>Public Provident Fund Scheme<\/td>\n<td>7.9<\/td>\n<td>7.9<\/td>\n<td>Annually<\/td>\n<\/tr>\n<tr>\n<td>Kisan Vikas Patra<\/td>\n<td>7.6 (will mature in 113 months)<\/td>\n<td>7.6 (will mature in 113 months)<\/td>\n<td>Annually<\/td>\n<\/tr>\n<tr>\n<td>Sukanya Samriddhi Account Scheme<\/td>\n<td>8.4<\/td>\n<td>8.4<\/td>\n<td>Annually<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Thus there is no change in interest rate. The PPF and Sukanya schemes continue to fetch a comfortable 7.9 and 8.4 percent return.<\/p>\n<p>The senior citizen savings scheme continues to offer a decent 8.6%.<\/p>\n<p><em>Source: National Savings Institute India website<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here are the small saving scheme interest rates for the quarter Oct to Dec 2019 issued by the finance ministry.\u00a0 \u00a0Data source: National Small Savings Institute The current PPF interest rate is\u00a0 7.9% The current Sukanya Samriddhi Account\u00a0 interest rate is 8.4% Instrument Rate of Interest w.r.t 01.07.2019 to 30.09.2019 Rate of Interest w.r.t 01.010.2019 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-14","post","type-post","status-publish","format-standard","hentry","category-interest-rates"],"_links":{"self":[{"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/posts\/14","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/comments?post=14"}],"version-history":[{"count":9,"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/posts\/14\/revisions"}],"predecessor-version":[{"id":149,"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/posts\/14\/revisions\/149"}],"wp:attachment":[{"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/media?parent=14"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/categories?post=14"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freefincal.com\/topical\/wp-json\/wp\/v2\/tags?post=14"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}