The interest rates are calculated on a quarterly basis and reviewed periodically by the Finance Ministry Most of us invest in some kind of small savings scheme with an aim to accumulate a good amount of money, which we would have otherwise spent in meeting our daily chores. And when the deposited money matures, we put it to some use such as house construction, buying household items, for children's higher education or their marriage. These government-backed schemes offer safe and attractive investment options to the public and mobilises resources for development projects in the country. Let's take a deep dive into these schemes.