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|
The above rates are subject to revision from time to time.
Customers may contact the nearest branch of Syndicate Bank for details.