The central government has announced interest rates on small savings schemes including PPF, Sukunya Samriddhi. Therefore, it is important for you to know where it will be beneficial for you to invest. The central government has not made any change in the interest rates on small savings schemes like Public Provident Fund (PPF), Sukanya Samriddhi Yojana for the quarter starting from January 1, 2025. The Finance Ministry has given this information. These rates will remain the same as the rates applicable in the October-December 2024 quarter.
Although the government last changed the interest rates of post office savings schemes in January-March 2024, but even after one year, the government has kept these interest rates unchanged. It is believed that the focus of the government is to control inflation. Also, weakening of rupee against dollar is also a reason.
However, the Department of Economic Affairs of the Finance Ministry has not given any reason in this regard. The government has decided to continue the same interest rates as last year. The government announces changes in the interest rates in these schemes every quarter. This is the fourth quarter when the government has not made any change in the interest rates on these schemes. However, these small savings schemes provide an opportunity to common people to make safe and secure savings.
The interest rates of these schemes are decided on the basis of the yield of government bonds. To attract investors, the rates of these schemes are kept slightly higher, but this is the first time that the government has not made any changes in these schemes in the fourth quarter.
