MoF Kept Interest Rate on Small Savings Schemes Unchanged for Q4FY25

Current Context: The Finance Ministry decided to keep the interest rates on various small savings schemes unchanged for the fourth quarter of the financial year 2024-25 (Q4FY25), starting January 1, 2025, and ending March 31, 2025.

• Key Schemes and Interest Rates
• Public Provident Fund (PPF): 7.1% per annum
• National Savings Certificates (NSC): 7.7% per annum
• Sukanya Samriddhi Yojana (SSY): 8.2% per annum
• Kisan Vikas Patra (KVP): 7.5% per annum (matures in 115 months)
• Post Office Savings Deposit: 4% per annum
• Monthly Income Scheme (MIS): 7.4% per annum
• Senior Citizen Savings Scheme (SCSS): 8.2% per annum

Question:

1 What is the interest rate for the Public Provident Fund (PPF) for Q4FY25?

• A) 7.1% per annum
• B) 7.3% per annum
• C) 7.5% per annum
• D) 7.7% per annum

Answer: A) The Finance Ministry has kept the interest rate for PPF unchanged at 7.1% per annum for Q4FY25.