![F.No.1/4/2019-NS Government of Indial Ministry of Finance Department of Economic Affairs (Budget Division) North Block New Delhi Date: March 31, 2023 OFFICE MEMORANDUM Subject Revision of interest rates for Small Savings Schemes reg The rates of interest on various Small Savings Schemes for the first financial year] quarter of 2023-24 starting ending (Tom Ist April, 2023 and 3(th June, 2023 have been revised 011 detailed below 15 Rates of interest from] Rates of interest from Instrument 01.01.2023 to 01.01.2023 t0 31.03.2023 30.06.2023 Savings Deposit 4.0 40 Year Time Deposit 2 Year Time Deposit] 3 Year Time Deposit 5 Year Time Deposit] 7.0 7.5 5 Year Recurring Deposit 5.8 6.2 Senior Citizen Savings Scheme 8.0 8.2 Monthly Income Account 7.1 Scheme 4 Savings Certificate Nationall 7.0 Public Provident Fund Scheme 7.1 Kisan Vikas Patra 7.2 (Will mature in 7.5 (will matuTe i 115 120 months) months) Sukanya Samriddhi Account 7.6 Scheme 8.0 This has the approval of competent authority 21|3 |22 (Kanil Dah](https://cdn4.sharechat.com/bd5223f_s1w/compressed_gm_40_img_941239_366c0004_1786864929766_sc.jpg?tenant=sc&referrer=pwa-sharechat-v2&f=766_sc.jpg)
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