07
Feb
Feb
The Central government has decided to leave interest rates on small savings schemes unchanged for Jan- March’2019 Quarter.Small savings rates are linked to government bond yields in the secondary market. Following are the small saving schemes interest rates for quater ending March 2019 |
Saving Instruments | Interest rate from 01-01-2019 | Min Amount(INR) | Max Amt(INR) |
Senior Citizen Saving Scheme | 8.7% | 1000 | 1500000 |
Sukanya Samriddhi Accounts | 8.5% | 1000 | 1500000 |
Public Provident Fund | 8.00% | 500 | 1500000 |
5 Yr NSC – VIII Issue | 8.00% | 100 | no limit |
Time Deposit# | 7.00-7.80 | 200 | no limit |
Post Office Monthly Income Scheme | 7.30 | 1500 | Single 4.5lakhs |
Post Office Monthly Income Scheme | 7.30 | 1500 | joint 9lakhs |
Kishan Vikas Patra | 7.70 | 1000 | no limit |
Recurring Deposits | 7.30 | 10 | no limit |
Saving Accounts | 4.00 | 20 | no limit |