Small savings Revised rates in DOP Finacle w.e.f 01/04/2015.
Government Announces Interest Rates for Various Small Savings Schemes; Rates to Come Into Force with Effect from 01.04.2015
It was decided by the Government of India that interest rates on Small savings Schemes will be linked to yields on government securities of comparable
maturity. In pursuance of that decision, the Government
has decided to revise the rates applicable on various
small savings schemes as given in the table below.
maturity. In pursuance of that decision, the Government
has decided to revise the rates applicable on various
small savings schemes as given in the table below.
Scheme
|
Rate of interest
w.e.f. 01.04.2014
|
Rate of Interest
w.e.f. 01.04.2015
|
1.
|
2.
|
3.
|
Savings Deposit
|
4.0
|
4.0
|
1 Year Time Deposit
|
8.4
|
8.4
|
2 Year Time Deposit
|
8.4
|
8.4
|
3 Year Time Deposit
|
8.4
|
8.4
|
5 Year Time Deposit
|
8.5
|
8.5
|
5 Year Recurring Deposit
|
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 Scheme
|
9.1
|
9.2
|
The above rates will be effective from tomorrow i.e. 1.4.2015.
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