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Last Updated : 20.04.2020

Govt Saving Schemes

Govt Saving Scheme and Interest Rate

(w.e.f. 01/04/2020 )

 

Sr No  Scheme RATE OF INTEREST (in %) wef (01.04.2020 to 30.06.2020) Compounding frequency
1 5 year Senior Citizen Savings Scheme 7.40 % Quarterly and paid
2 Public Provident Fund Scheme 7.10 % Annually
3 Kisan Vikas Patra 6.90 %   (will mature in 124 months) Annually
4 Sukanya Samriddhi Account Scheme 7.60 % Annually

 

Note :

The above rates are subject to revision from time to time.

Customers may contact the nearest branch of Syndicate Bank for details.

 

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