The Government of India, through the Ministry of Communications and the Department of Posts, has announced that the interest rates for various Small Savings Schemes (National Savings Schemes) will remain unchanged for the fourth quarter of the financial year 2024-25, which begins on January 1, 2025, and ends on March 31, 2025. The rates will be the same as those applicable in the third quarter (October 1, 2024, to December 31, 2024). This decision has been communicated to all Heads of Circles/Regions and is to be shared with all concerned parties and posted on the notice boards of public Post Offices.
Revised Small Savings Schemes Interest Rate Table for January to March 2025
| Instrument | Rates of interest from 01.01.2025 to 31.03.2025 | Rates of interest from 01.10.2024 to 31.12.2024 |
| Savings Deposit | 4.0 | 4.0 |
| 1 Year Time Deposit | 6.9 | 6.9 |
| 2 Year Time Deposit | 7.0 | 7.0 |
| 3 Year Time Deposit | 7.0 | 7.1 |
| 5 Year Time Deposit | 7.5 | 7.5 |
| 5 Year Recurring Deposit | .6.7 | 6.7 |
| Senior Citizen Savings Scheme | 8.2 | 8.2 |
| Monthly Income Account Scheme | 7.4 | 7.4 |
| National Savings Certificate | 7.7 | 7.7 |
| Public Provident Fund Scheme | 7.1 | 7.1 |
| Kisan Vikas Patra | 7.5 (will mature in 115 months) | 7.5 (will mature in 115 months) |
| Sukanya Samriddhi Account Scheme |
8.0 | 8.2 |
****
F. No 113-03/2017-SB(Pt.1)
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)
Dak Bhawan, New Delhi — 110001
SB Order No. 10/2024 Dated: 31.12.2024
To
All Head of Circles/Regions
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2025
Madam / Sir,
The undersigned is directed to intimate that, vide memorandum No. 1/4/2019-NS dated 31.12.2024 (copy enclosed), Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has informed that the rates of interest on various Small Savings Schemes (National Savings Schemes) for the fourth quarter of financial year 2024-25 (starting from 1st January, 2025 and ending on 31st March, 2025) shall remain unchanged from those notified for the third quarter –(1st October, 2024 to 31st December, 2024) of FY 2024-25.
2. It is requested to circulate it to all concerned for information and necessary guidance. This may also be placed on the notice board of all Post Offices in public area.
3. This issues with the approval of the Competent Authority.
(P Ajit Kumar)
Assistant Director (SB-I)
Copy to: –
1. PPS to Secretary (Posts)
2. PS to Director General Postal Services.
3. PPS/ PS to Addl. DG (Co-ordination)/Member (Banking)/Member (0)/Member (P)/ Member (Planning & HRD)/Member (PLI)/Member (Tech)/AS & FA
4. Director General, APS, New Delhi
5. Chief General Manager, BD Directorate / Parcel Directorate / PLI Directorate / CEPT
6. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General (PAF)
7. Director, RAKNPA / Directors of all PTCs
8. Director General P & T (Audit), Civil Lines, New Delhi
9. Secretary, Postal Services Board / All Deputy Directors General
10. All General Managers (Finance) / Directors Postal Accounts / DDAP
11. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
12. The Joint Director & HOD, National Savings Institute, ICCW Building, 4 Deendayal Upadhyay Marg, New Delhi-110002
13. All recognized Federations / Unions / Associations
14. Guard File/e-File.
F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 31.12.2024
OFFICE MEMORANDUM
Subject: Revision of interest rates for Small Savings Schemes – reg.
The rates of interest on various Small Savings Schemes for the fourth quarter of FY 2024-25 starting from 1″ January, 2025 and ending on 31″ March, 2025 shall remain unchanged from those notified for the third quarter (1″ October, 2024 to 31″ December, 2024) of FY 2024-25.
2. This has the approval of the competent authority.
To,
(Chandra Katyal Addl.
Budget Officer
Tele — 01123095097
1. The Finance Secretary & Secretary,
Department of Investment & Public
Assets Management, CGO
Complex, New Delhi.
2. The Secretary,
Department of Economic Affairs
North Block, New Delhi.
3. The Secretary,
Department of Posts
Dak Bhawan, New Delhi.
4. The Secretary,
Department of Expenditure
North Block, New Delhi.
5. The Secretary,
Department of Revenue
North Block, New Delhi.
6. The Secretary
Department of Financial
Services, Jeevan Deep Building, New Delhi.
7. The Chief General Manager
(DGBA), Reserve Bank of India,
Central Office, Mumbai.
8. Reserve Bank of India, Central
Account Section, Additional
Office Building, East High Court
Road, Civil Lines, P.B. No.15,
Nagpur — 440 001.
9. Chief Secretaries of States / UT Government.
10. The Joint Director
National Savings Institute, New
Delhi.
Also Read:
