Small savings schemes of Post Office- From PPF to senior citizen to Sukanya Samriddhi, see the interest rates for the third quarter of 2021-22

The Narendra Modi government has kept the interest rates on small savings schemes which have- NSC, PPF Senior Citizen, Sukanya Samriddhi- unchanged for the third quarter of 2021-22. PPF and NSC will carry on to an annual interest rate of 7.1 percent and 6.8 percent respectively.

The interest rate on the five-year senior citizens' savings scheme will continue at 7.4 percent. The interest on the senior citizens’ scheme is paid quarterly. The interest rate on savings deposits will resume being 4 percent per annum. Term deposits of one to five years will fetch interest rates in the range of 5.5-6.7 percent which is to be paid quarterly while the interest rate on five-year recurring deposits will get a higher interest of 5.8 percent.