SSY Interest Rate: From July 1, 2025, interest on Sukanya Samriddhi Yojana will be less than 8.2%? know the reason

Sukanya Samridhi Yojana Interest Rate: The government is going to review the interest rates of all small savings schemes including Sukanya Samridhi Yojana (SSY) by June 30, 2025. The new interest rates will be applicable from July 1, 2025 and will be valid till September 30, 2025. But now it is expected that the government may reduce the interest rate on Sukanya Samriddhi Yojana

Sukanya Samridhi Yojana Interest Rate: The government is going to review the interest rates of all small savings schemes including Sukanya Samridhi Yojana (SSY) by June 30, 2025. The new interest rates will be applicable from July 1, 2025 and will be valid till September 30, 2025. At present, Sukanya Samridhi Yojana is getting an annual interest of 8.2%, which has remained stable for some time. But now it is expected that the government may reduce the interest rate on Sukanya Samriddhi Yojana.

Sukanya Samriddhi Yojana interest rate will decrease

A major reason for this is that the Reserve Bank of India (RBI) has cut the repo rate by a total of 1% since February 2025. The effect of this was that almost all the banks in the country have reduced the interest rates of their fixed deposits and savings accounts. In such a situation, it is possible that the government may also reduce the interest rate of small savings schemes, especially schemes like Sukanya Yojana. Although the final decision will be taken on June 30, a slight cut in interest rates is expected.

Interest rate on small savings scheme

The interest being received on the government’s small savings schemes from April to June, the first quarter of the financial year 2025-26, is something like this.

4% interest is being received on post office savings account.

6.9% interest is being received on 1-year fixed deposit (Time Deposit).

7% interest is being received on 2-year FD and 7.1% interest is being received on 3-year FD.

The highest interest of 7.5% is being given on 5-year FD.

6.7% interest is being received on 5-year recurring deposit.

Senior Citizens Savings Scheme is getting a good interest of 8.2%.

7.4% interest is being received on Monthly Income Account.

National Savings Certificate (NSC) is getting 7.7% interest.

Public Provident Fund (PPF) is getting 7.1% interest.

Sukanya Samriddhi Account is also getting a good interest of 8.2%.

7.5% interest is fixed on Kisan Vikas Patra and it will mature in 115 months.

Now the interest rates for the July to September quarter will be decided on 30 June 2025. It remains to be seen whether there is any change in them or not.

The post SSY Interest Rate: From July 1, 2025, interest on Sukanya Samriddhi Yojana will be less than 8.2%? know the reason first appeared on informalnewz.

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