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By Jomy Jos Pullokaran Dec 30, 2022 6:32:33 PM IST (Updated)
The government hasn’t changed the interest rates for the popular Public Provident Fund and Sukanya Samriddhi schemes, which remain at 7.1 percent and 7.6 percent, respectively. Here are details of all the revised rates.
The Narendra Modi government on Friday, December 30, raised interest rates on some small savings schemes from January 1, 2023. These schemes include the Post Office term deposits, Senior Citizen Savings Scheme, Monthly Income Account Scheme, National Savings Certificate (NSC) and Kisan Vikas Patra.
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However, the government hasn’t changed the interest rates for the popular Public Provident Fund and Sukanya Samriddhi schemes.
The interest rate of the Senior Citizen Savings Scheme has been hiked to 8 percent from 7.6 percent and Kisan Vikas Patra has been increased to 7.2 percent from 7 percent. With regard to Kisan Vikas Patra, the government has revised tenures also.