Interest rates on small savings schemes remain unchanged for April-June qtr

New Delhi, (PTI) The government on Thursday said the interest rates on various small savings schemes will remain unchanged for the quarter beginning April 1, 2024.

“The rates of interest on various small savings schemes for the first quarter of FY 2024-25, starting from April 1, 2024, and ending on June 30, 2024, shall remain unchanged from those notified for the fourth quarter (January 1, 2024, to March 31, 2024) of FY 2023-24,” said a finance ministry notification.

As per the notification, deposits under the Sukanya Samriddhi scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent.

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