Government Kept Small Saving Scheme Interest Rates Unchanged For January-March 2022 Quarter

Are you a saver? Do you want extra returns on your savings(when compared to banks)?Here’s a good news for you!

Those who prefer guaranteed returns with government sovereign guarantee, Postal savings are a good option. When compared to banks their interest rates are slightly higher.

Due to covid fears central government kept small saving schemes interest rates unchanged consequently from financial year 2020-21. With this changes interest rates of small saving schemes are as follows-

Postal Saving SchemeApplicable Interest Rate For Quarter January-March2022
Postal Savings a/c4%
Postal Monthly Income Scheme(POMIS)6.6%
National Savings Certificate6.8%
Public Provident Fund7.1%
Sukanya Samrriddhi Yojana7.6%
Senior Citizen Saving Scheme7.4%
Recurring Deposit(5 Years)5.8%
1 Year Term Deposit5.5%
2 Year Term Deposit5.5%
3 Year Term Deposit5.5%
5 Year Term Deposit6.7%
Kisan Vikas Patra6.9%

So savers why late?Hurry on to Grab the offer! As Postal saving schemes carries higher interest rate when compared to banks this is the best offer to you

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