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Last Updated : 01.01.2020

Govt Saving Schemes

Govt Saving Scheme and Interest Rate

(w.e.f. 01/01/2020 )


Sr No  Scheme RATE OF INTEREST (in %) wef (01.01.2020 to 31.03.2020) Compounding frequency
1 5 year Senior Citizen Savings Scheme 8.60 % Quarterly and paid
2 Public Provident Fund Scheme 7.90 % Annually
3 Kisan Vikas Patra 7.60 %   (will mature in 113 months) Annually
4 Sukanya Samriddhi Account Scheme 8.40 % Annually


Note :

The above rates are subject to revision from time to time.

Customers may contact the nearest branch of Syndicate Bank for details.


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