IANS | 01 Oct, 2023
The government has kept interest rates of all key small savings
schemes unchanged for the October-December period, except for the
five-year recurring deposit, which has been hiked from 6.5 per cent to
6.7 per cent.
The Finance Ministry, which revises interest rates
for small saving schemes after every quarter, announced the new rates on
Friday for the period between October 1 and December 31, 2023.
The
rates of all other key schemes like PPF (7.1 per cent), Sukanya
Samriddhi scheme (8 per cent), Kisan Vikas Patra (7.5 per cent), monthly
income account scheme (7.4 per cent), national saving certificate (7.7
per cent) and senior citizen savings scheme (8.2 per cent) as well as
saving deposits (4 per cent), have been kept unchanged.
