Interest Rate for PPF and Small Savings reduced from 1.4.2020

The rates of interest on various Small Savings Schemes and PPF for the first quarter of financial year 2020-21 starting from 1st April, 2020 and ending on 30th June 2020 have been reduced

Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block. New Delhi
31.03.2020

OFFICE MEMORANDUM

Subject: Revision Of interest rates for Small Schemes – reg.

In exercise Of The powers concurred by Rule 9(1) of the Government Saving Promotion General Rules, 2018, the rates of interest on various Small Savings Schemes for the first quarter of financial year 2020- 21 starting from 1st April, 2020 and ending on 30th June 2020 have been revised as indicated below:

This has the approval of Finance Minister

View the Order