Public Provident Fund, Sukanya Samriddhi Schemes Fetch These Returns Now

Small Savings Schemes: There are currently nine government-run small saving schemes, including the Public Provident Fund (PPF) and the Senior Citizen Savings Scheme (SCSS).

There are nine government-run small saving schemes available today: PPF, SCSS, Savings Account, Time Deposit, Recurring Deposit, Monthly Income Scheme (MIS), Sukanya Samriddhi, National Savings Certificate and Kisan Vikas Patra. Of these, the Sukanya Samriddhi scheme currently pays the highest return, at 7.6 per cent.

The Ministry of Finance reviews the interest rates on the nine small savings schemes on a quarterly basis. (Also Read: This Is The Minimum Investment You Need To Set Up A Post Office Account)