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Centre Keeps Small Savings Interest Rates Unchanged For Second Quarter

The interest rate on savings deposits will continue to be 4 per cent per annum
The interest rate on savings deposits will continue to be 4 per cent per annum
In a relief to savers, the government on Wednesday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the second quarter of 2021-22 amid the COVID-19 pandemic. Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the second quarter as well.
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