Sukanya Samridhi Yojana Interest Rate: The government is going to review the interest rates of all small savings schemes including Sukanya Samriddhi Yojana (SSY) by 30 June 2025. The new interest rates will be applicable from 1 July 2025 and will be valid by 30 September 2025. Currently, Sukanya Samriddhi Yojana is getting an annual interest of 8.2%, which has been stable for some time. But now it is expected that the government may reduce the interest rate on Sukanya Samriddhi Yojana.
Sukanya Samriddhi Yojana will reduce interest rate
One of the major reasons for this is that the Reserve Bank of India (RBI) has cut the repo rate by 1% since February 2025. The effect of this was that almost all the banks of the country have reduced their fixed deposits and interest rates of savings accounts. In such a situation, it is possible that the government should also reduce the interest rate of schemes like small savings schemes, especially Sukanya Yojana. Although the final decision will be taken on June 30, a slight deduction in the interest rate is expected.
Interest rate on small saving scheme
The interest that is being received on the government’s small savings schemes from the first quarter of the financial year 2025-26 i.e. April to June is like this.
Post office saving account is getting an interest of 4%.
The 1 -year fixed deposit is 6.9% interest.
7% interest on 2 years FD and 7.1% interest on 3 years FD.
The highest 7.5% interest is being paid on 5 years of FD.
6.7% interest is being received on the recurring deposit of 5 years.
Senior Citizens Savings Scheme is getting 8.2% good interest in Sainior Citizens Savings Scheme.
Monthly Income Account is 7.4% interest.
The National Saving Certificate (NSC) is getting 7.7% interest.
Public Provident Fund (PPF) is getting 7.1% interest.
Sukanya Samriddhi Yojana is also getting a good interest of 8.2% on Sukanya Samriddhi Account.
7.5% interest on Kisan Vikas Patra is fixed and it will be matured in 115 months.
Now interest rates for the quarter of July to September will be fixed on 30 June 2025. It will have to be seen whether there is any change in them or not.
PPF Interest Rate: 6.50% interest on PPF? Is the government on 30 June