SSS Account 2021 Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/sss-account-2021/ All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more. Fri, 02 Apr 2021 16:49:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png SSS Account 2021 Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/sss-account-2021/ 32 32 Rate of interest on various Small Savings Schemes for the first quarter of financial year 2021-2022 https://centralgovernmentnews.com/rate-of-interest-on-various-small-savings-schemes-for-the-first-quarter-of-financial-year-2021-2022/ https://centralgovernmentnews.com/rate-of-interest-on-various-small-savings-schemes-for-the-first-quarter-of-financial-year-2021-2022/#respond Fri, 02 Apr 2021 16:49:48 +0000 https://centralgovernmentnews.com/?p=34838 Interest rates for small savings schemes The rate of interest on various Small Savings Schemes has been revised for the first quarter of the fiscal year 2021-22, which begins on April 1, 2021, and ends on June 30, 2021. F.No.1/4/2019-NSGovernment of IndiaMinistry of FinanceDepartment of Economic Affairs(Budget Division) North Block, New DelhiDated: 31.03.2021 OFFICE MEMORANDUM […]

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The rate of interest on various Small Savings Schemes has been revised for the first quarter of the fiscal year 2021-22, which begins on April 1, 2021, and ends on June 30, 2021.

F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 31.03.2021

OFFICE MEMORANDUM

Subject: Revision of interest rates for Small Savings Schemes – reg.

In exercise of the powers conferred by Rule 9(1) of the Government Savings Promotion General Rules, 2018, the rtes of interest on various Small Savings Schemes for the first quarter of financial year 2021-22 starting from 1st April, 2021 and ending on 30th June, 2021 have been revised as indicated below:

InstrumentsRates of interest from 01.01.2021 to
31.03.2021		Rates of interest from 01.04.2021 to 30.06.2021Compounding frequency*
Savings Deposit4.03.5Annually
1 Year Time Deposit5.54.4Quarterly
2 Year Time Deposit5.55.0Quarterly
3 Year Time Deposit5.55.1Quarterly
5 Year Time Deposit6.75.8Quarterly
5 Year Recurring Deposit5.85.3Quarterly
Senior Citizen Savings Schemes7.46.5Quarterly and paid
Monthly Income Account6.65.7Monthly and paid
National Savings Certificate6.85.9Annually
Public Provident Fund Scheme7.16.4Annually
Kisan Vikas Patra6.9 (will mature in 124 months)6.2 (will mature
in 138 months)		Annually
Sukanya Samriddhi Account Scheme7.66.9Annually

*No change.

2. This has the approval of competent authority.

S/d,
(Rajesh Panwar)
Deputy Director (NS)
Tele – 01123093170

Rate of interest on various Small Savings Schemes for the first quarter of financial year 2021-2022

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