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Interest Rates for Small Savings Schemes from January 2024 to March 2024

Subject: Revision of Interest Rates for Small Savings Schemes- reg. 

The rates of interest on various Small Savings Schemes for the fourth quarter of financial year 2023-24 starting from 1 January, 2024 and ending on 31t March, 2024 have been revised as detailed below: 

Instrument 
Savings Deposit 1 Year Time 
Deposit 2 Year Time 
Deposit 5 Year Time 
Deposit 5 Year Recurring Deposit 
Senior Citizen Savings Scheme 
Monthly Income Account Scheme National Savings Certificate Public Provident Fund Scheme 3 Year Time Deposit 9 Kisan Vikas Patra Sukanya Samriddhi Account Scheme This has the approval of competent authority. The Secretary, Department of Revenue North Block, New Delhi. 5. The Secretary, 1. The Finance Secretary & Expenditure, Department of Expenditure North Block, New Delhi. FNo.1/4/2019-NS Government of India Ministry of Finance Department of Economic Affairs (Budget Division) Department of Posts OFFICE MEMORANDUM Dak Bhawan, New Delhi. 7. Reserve Bank of India The Joint Director Rates of interest from 01.10.2023 to 31.12.2023 Secretary Central Account Section, Additional Office Building, East High Court Road, Civil Lines, P.B. No.15, Nagpur - 440 001. National Savings Institute, New Delhi. 4.0 6.9 7.0 7.0 7.5 6.7 8.2 7.4 7.5 (will mature in 115 months) 8.0 7.7 7.1 2. The Secretary, 4. The Secretary, 6. North Block, New Delhi Dated: 29.12.2023 8 Rates of interest from 01.01.2024 to 31.03.2024 4.0 6.9 7.0 7.1 7.5 67 8.2 7.4 7.7 7.1 7.5 (will mature in 115 months) 8.2 (Kapil Patidar) Deputy Secretary (Budget) Tele - 01123092649 Department of Economic Affairs North Block, New Delhi. Department of Financial Services Jeevan Deep Building, New Delhi. The Chief General Manager (DGBA) Reserve Bank of India, Central Office, Mumbai. Chief Secretaries of States Government UT

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