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Image  Rate of Interest on Government Deposit

Rate of Interest on Government Deposit:
Rate of interest on these schemes is managed by Government of India and changes Quarterly as notified by GOI time to time.

Type of Account

Rate of Interest w.e.f 01.10.2018 (p.a.)

 5 Year Senior Citizens Savings Scheme (SCSS2004)


Public Provident Fund Scheme, 1968 (PPF)


Kisan Vikas Patra

7.7% (matures in 112 months)

Sukanya Samridhi Account Scheme


Tax Concessions:
Deposits in the account ( Public Provident Fund, Senior Citizen Saving Scheme, Sukanya Samriddhi Account ) are exempted under section 80-C of Income Tax Act



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