PPF and Sukanya Samriddhi interest rates kept unchanged; 1-year post office time deposits interest hiked According to a circular issued by the Finance Ministry, interest rates of small savings schemes like PPF and Sukanya Samriddhi Yojana have been kept unchanged.

The interest rate on 1-year post office time deposits, a small savings scheme, has been increased by 10 basis points (bps) for the January-March, 2019 quarter. According to a circular issued by the Finance Ministry, interest rates of other small savings schemes like Public Provident Fund (PPF) and Sukanya Samriddhi Yojana (SSY) have been kept unchanged. 

The new rates

One year POTD will now fetch 7 per cent, up from 6.9 percent for the previous quarter. The interest rate on three-year POTD has been reduced by 20 bps to 7 per cent. 

Interest rate on two year and five year POTD has been kept unchanged at 7 percent and 7.8 percent respectively.

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