KVP Interest Rate 2020-21: 6.9 Percent From April to June 2020
Public Provident Fund (PPF) Interest Rate 7.1% – Kisan Vikas Patra (KVP) Interest Rate 6.9% – National Savings Certificate (NSC) Interest Rate 6.8% – For the period between April and June 2020
The Department of Economic Affairs today published an office memorandum regarding revised rates of small savings schemes for the first quarter of 2020-21 Financial year.
The first quarter is starting from 1 April 2020 and ending on 30 June 2020, the below table describes the interest rates for all savings schemes:
F.No.1/4/2019-NS
Government of India Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 31.03.2020
Office Memorandum
Subject: Revision of interest rates for Small Savings Schemes – reg.
In exercise of the powers conferred by Rule 9(1) of the Government Saving Promotion General Rules, 2018, the rates of interest on various Small Savings Schemes for the first quarter of financial year 2020- 21 starting from 1st April , 2020 and ending on 30th June, 2020 have been revised as indicated below:
 Central Government Offices Holidays 2022 | Central Govt Holiday List 2022 PDF |
| KV Online Fee Payment 2022-23 | KV UBI Fee login |
| Instruments | Rate of interest from 01.01.2020 to 31.03.2020 | Rate of interest from 01.04.2020 to 30.06.2020 | Compounding frequency* |
| Savings Deposit | 4.0 | 4.0 | Annually |
| 1 Year Time Deposit | 6.9 | 5.5 | Quarterly |
| 2 Year Time Deposit | 6.9 | 5.5 | Quarterly |
| 3 Year Time Deposit | 6.9 | 5.5 | Quarterly |
| 5 Year Time Deposit | 7.7 | 6.7 | Quarterly |
| 5 Year Recurring Deposit | 7.2 | 5.8 | Quarterly |
| Senior Citizen Savings Scheme | 8.6 | 7.4 | Quarterly and paid |
| Monthly Income Account | 7.6 | 6.6 | Monthly and paid |
| National Savings Certificate | 7.9 | 6.8 | Annually |
| Public Provident Fund Scheme | 7.9 | 7.1 | Annually |
| Kisan Vikas Patra | 7.6 (will mature in 1 13 months) | 6.9 (will mature in 124 months) | Annually |
| Sukanya Samriddhi Account Scheme | 8.4 | 7.6 | Annually |
CHECK ALSO: Revision of National Savings Scheme Interest Rate from April to June 2020 Gazette Notification pdf download
This has the approval of Finance.
sd/-
(Rajesh Panwar)
Dy. Director (Budget)
Source: Department of Economic Affairs
CHECK ALSO: CPS Interest Rate 2020-21 pdf
CHECK ALSO: GPF Interest Rate 2020-21: 7.1% from April to June 2020
READ ALSO:
- GPF Interest Rate from April 2022 to June 2022 PDF April 4, 2022Read more…
- GPF Interest Calculation on Above 5 lakhs for Deduction of TDS from Pay and Allowances February 17, 2022Read more…
- 7.1% Interest Rate on SDS for Non-Govt Provident, Superannuation and Gratuity Funds wef 1st January 2022 January 4, 2022Read more…
- GPF Interest Rate from January 2022 to March 2022 PDF January 4, 2022Read more…
- 7.1% Interest Rate on SDS for Non-Govt Provident, Superannuation and Gratuity Funds wef 1st October 2021 October 12, 2021Read more…
- GPF Interest Rate October to December 2021 – 7.1% October 5, 2021Read more…
- GPF Interest Rate July to September 2021 – 7.1% July 5, 2021Read more…
- GPF Interest Rate from April to June 2021 – 7.1% April 23, 2021Read more…
- Tamil Nadu GPF Interest Rate 7.1% from January to March 2021 January 22, 2021Read more…
- GPF Interest Rate from January to March 2021 – 7.1% January 8, 2021Read more…
- GPF Interest Rate from October to December 2020 – 7.1% October 28, 2020Read more…
- Annual Statement of General Provident Fund (GPF) Account 2020 August 24, 2020Read more…
- GPF Interest Rate from July to September 2020: 7.1% August 8, 2020Read more…
- Missing entries in GPF accumulation of subscribers July 21, 2020Read more…
- DA and DR Hike Freeze till July 2021: IRTSA Appeal to Grant of Option to Credit the Additional DA to Provident Fund May 7, 2020Read more…
- GPF Interest Rate 2020-21: 7.1% from April to June 2020 April 9, 2020Read more…
- GPF Interest Rate 2020-21: 7.9% from January to March 2020 January 22, 2020Read more…
- NPS Vs GPF – General Provident Fund Facility to National Pension Scheme Governed Employees October 1, 2019Read more…
- GPF for those who have been recruited on or after 1-1-2004 – NC JCM Staff Side April 24, 2019Read more…
- Transferring NPS Subscription into GPF account April 22, 2019Read more…
- Online GPF Facility – Centralized GPF module Interest Calculation April 22, 2019Read more…
- GPF to be introduced to willing NPS employees.- AIDEF Circular April 15, 2019Read more…
- Govt retains interest rate for General Provident Fund at 8% April 12, 2019Read more…
- GPF Interest Rate From Jan 2019 January 28, 2019Read more…
- Clarification on Modalities of Transfer of NPS – DoPT Orders October 24, 2018Read more…
- Interest Rate For General Provident Fund 8% From October 2018 October 10, 2018Read more…
- GPF Final Settlement Of Speedy Clearance October 3, 2018Read more…
- Aadhaar linking and interoperability of General Provident Fund (GPF), Public Provident Fund (PPF) and Employees’ Provident Fund (EPF) September 25, 2017Read more…
- Processing of GPF Final Settlement/Final withdrawal Claims and Release of Payment July 25, 2017Read more…
- GPF Interest Rate for 1st April to 30th June 2017 – Finmin Orders April 20, 2017Read more…
- General Provident Fund Rules April 12, 2017Read more…
- Several relaxations brought in GP Fund rules March 21, 2017Read more…
- General Provident Fund (GPF) Advance Limit Enhanced upto 12 Months of Pay – DoPPW Order March 8, 2017Read more…
- General Provident Fund (GPF) Withdrawals Rules – Orders Issued On 7.3.2017 March 8, 2017Read more…
- Clarification regarding timely payment of GPF final payment to the retiring Government Servant – DoPT Order January 26, 2017Read more…
- Interest Rate of GPF w.e.f. 1.1.2017 – Finmin Orders January 24, 2017Read more…
- GPF Interest Rate – Resolution issued by Ministry of Finance July 9, 2016Read more…
- Interest Rate for General Provident Fund – Finmin Orders June 4, 2016Read more…
- Govt puts on hold new Provident Fund withdrawal norms till July 31 April 20, 2016Read more…
- Tax on Provident Fund withdrawn March 9, 2016Read more…
- NFIR writes to PM to withdraw of Budget proposal to levy Income Tax on Provident Fund March 7, 2016Read more…
- Centre decides to withdraw tax on Provident Fund March 6, 2016Read more…
- Deduction of Income Tax on withdrawal of P.F. (Provident Fund) 60% March 5, 2016Read more…