Small Savings Schemes Interest Rate for the 3rd Qtr of FY 2022-23 from 01.10.2022 to 31.12.2022 – Finmin

Small Savings Schemes Interest Rate for the 3rd Qtr of FY 2022-23 from 01.10.2022 to 31.12.2022 – Finmin

Small Savings Schemes Interest Rate for the 3rd Qtr of FY 2022-23 from 01.10.2022 to 31.12.2022 – Finmin

F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 29.09.2022

Office Memorandum

Subject: Revision of interest rates for Small Savings Schemes – reg.

The rates of interest on various Small Savings Schemes for the third quarter of financial year 2022-23 starting from 1st October, 2022 and ending on 31st December, 2022 have been revised as detailed below:

InstrumentRates of interest from 01.07.2022 to 30.09.2022Rates of interest from 01.10.2022 to 31.12.2022
Savings Deposit4.04.0
1 Year Time Deposit5.55.5
2 Year Time Deposit5.55.7
3 Year Time Deposit5.55.8
5 Year Time Deposit6.76.7
5 Year Recurring Deposit5.85.8
Senior Citizen Savings Scheme7.47.6
Monthly Income Account Scheme6.66.7
National Savings Certificate6.86.8
Public Provident Fund Scheme7.17.1
Kisan Vikas Patra6.9 (will mature in 124 months7.0 (will mature in 123 months)
Sukanya Samriddhi Account Scheme7.67.6

Previous: Small Savings Schemes Interest Rate for the 2nd Qtr of FY 2022-23 from 01.07.2022 to 30.09.2022 remains unchanged

2. This has the approval of competent authority.

View :  Extension of due dates for filing of Income Tax Returns for Assessment Year 2021-22 निर्धारण वर्ष 2021-22 के लिए आयकर रिटर्न दाखिल करने की नियत तारीखों का विस्तार

(Rajesh Kumar)
Under Secretary to Govt. of India
Tele — 01123095155

To,

  1. The Finance Secretary & Secretary
    Expenditure, Department of Expenditure
    North Block, New Delhi.
  2. The Secretary, Department of Economic Affairs
    North Block, New Delhi.
  3. The Secretary,
    Department of Revenue
    North Block, New Delhi.
  4. The Secretary,
    Department of Financial Services
    Jeevan Deep Building, New Delhi.
  5. The Secretary,
    Department of Posts
    Dak Bhawan, New Delhi.
  6. The Chief General Manager (DGBA)
    Reserve Bank of India, Central Office,
    Mumbai.
  7. Reserve Bank of India
    Central Account
    Additional Office Building
    East High Court Road, Civil Lines, P.B. No.15,
    Nagpur — 440 001.
  8. Chief Secretaries of States /
    UT Section Government
  9. The Joint Director
    National Savings Institute
    New Delhi.

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