Between April and June 2022 in India, the savings scheme Sukanya Samriddhi Yojana generated an interest rate of 7.6 percent, closely followed by the five-year senior citizen savings scheme and the public provident fund (PPF). These were the only three schemes with an interest rate higher than the then inflation rate of 6.95 percent. Most of the other small savings schemes generated negative real rate of returns.
Interest rates on small saving schemes in India in the financial year 2022, by type
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Times of India. (April 19, 2022). Interest rates on small saving schemes in India in the financial year 2022, by type [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1360929/india-small-saving-schemes-interest-rates/
Times of India. "Interest rates on small saving schemes in India in the financial year 2022, by type." Chart. April 19, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1360929/india-small-saving-schemes-interest-rates/
Times of India. (2022). Interest rates on small saving schemes in India in the financial year 2022, by type. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1360929/india-small-saving-schemes-interest-rates/
Times of India. "Interest Rates on Small Saving Schemes in India in The Financial Year 2022, by Type." Statista, Statista Inc., 19 Apr 2022, https://www.statista.com/statistics/1360929/india-small-saving-schemes-interest-rates/
Times of India, Interest rates on small saving schemes in India in the financial year 2022, by type Statista, https://www.statista.com/statistics/1360929/india-small-saving-schemes-interest-rates/ (last visited August 25, 2024)
Interest rates on small saving schemes in India in the financial year 2022, by type [Graph], Times of India, April 19, 2022. [Online]. Available: https://www.statista.com/statistics/1360929/india-small-saving-schemes-interest-rates/