Revision of Interest Rate

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....evision of Interest Rate <br>News and Press Release<br>Dated:- 13-12-2014<br><BR>Interest rates on Small Savings Schemes are Administered Interest Rates, and are benchmarked to the average annual yiel....

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....d on Government Securities of comparable maturity in the secondary market with a suitable spread over the benchmark yield, depending upon the maturity and liquidity of the instruments. The interest ra....

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....tes of Small Savings Schemes have been benchmarked to G-Sec. yields of equivalent maturity with suitable spread and are reset every 1st April. Interest rates applicable on each Small Savings Scheme w....

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.....e.f. 1.4.2014 are as below: Instrument Rate of Interest (%) w.e.f 1.4.2014 Savings Deposit 4.0 1 Year Time Deposit 8.4 2 Year Time Deposit 8.4 3 Year Time Deposit 8.4 5 Year Time Deposit ....

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....8.5 5 Year Recurring Deposit 8.4 5 Year SCSS 9.2 5 Year MIS 8.4 5 Year NSC 8.5 10 Year NSC 8.8 PPF 8.7 This was stated by Shri Jayant Sinha, Minister of State in Ministry of Finance in wr....

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....itten reply to a question in the Lok Sabha.<BR> News - Press release - PIB....