At present, the interest rates on small savings schemes range between four per cent (post office savings deposits) and 8.2 per cent (Senior Citizens Savings Scheme).
PPF, Post Office Deposits, KVP Schemes: Govt has hiked interest rates on 1-year and 2-year post office time deposits to 6.9 per cent and 7.0 per cent, respectively, and 30 bps on 5-year recurring deposits to 6.5 per cent