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Government Of Assam Finance Directorate of Small Savings

Current Interest Rates

On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the second quarter (July-September) of Financial Year 2019-20, on the basis of the interest compounding/payment built-in in the schemes.

 

Instrument

Rate of interest w.e.f. 01-10-2018 to 30-12-2018

Compounding Frequency

Savings Deposit

4.0

Annually

1-Year Time Deposit

6.9

Quarterly

2-Year Time Deposit

6.9

Quarterly

3-Year Time Deposit

6.9

Quarterly

5-Year Time Deposit

7.7

Quarterly

5-Year Recurring Deposit

7.2

Quarterly

5-Year Senior Citizens Savings Scheme

8.6

Quarterly and Paid

5-Year Monthly Income Account Scheme

7.6

Monthly and Paid

5-Year National Savings Certificate

7.9

Annually

Public Provident Fund Scheme

7.9

Annually

Kisan Vikas Patra

7.6 (will mature in 113 months)

Annually

Sukanya Samriddhi Account Scheme

8.4

Annually

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Revised Interest Rates for Small Savings Schemes2.11 MBswf-image