This is the Small Savings Scheme Interest Rates for Jul 1 – Sep 30 quarter of 2022.

The Finance Ministry, on Thursday, announced that the interest rates on small saving schemes for a three-month period, starting July 1, will remain unchanged. This means interest rates on various small saving schemes such as National Saving Certificates (NSC) and Public Provident Fund (PPF) will continue for at least three more months starting Friday.
This is the ninth successive quarter when the interest rates have been kept unchanged. The small savings schemes basket comprises 12 instruments, including the NSC, PPF, Kisan Vikas Patra (KVP) and Sukanya Samridihi Scheme. The government resets the interest rate at the beginning of every quarter. The decision to keep rates unchanged comes at a time when there has been a sharp increase in the yields of G­Secs with various maturities, to which such interest rates are linked. Also, many banks have raised deposit rates.


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Small Savings Scheme Interest Rates Jul 1 – Sep 30 2022 by #SwiTrad
Data image credit: Business Standard New Delhi edition dt. Jul 3rd 2022.

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