The government has cut interest rates on small savings schemes by 0.1 per cent for the October-December quarter. Now the KVP shall mature in 112 months (9 years 4 months). The complete table is as under:-
| Name of Scheme | Interest Rates from 1-Apr-16 to 30-Sep-16 |
Revised Interest Rates from 1-Oct-16 |
| Savings | 4.0 | 4.0 |
| 1 Year TD | 7.1 | 7.0 |
| 2 Year TD | 7.2 | 7.1 |
| 3 Year TD | 7.4 | 7.3 |
| 5 Year TD | 7.9 | 7.8 |
| 5 Year RD | 7.4 | 7.3 |
| 5 Year Senior Citizens Scheme | 8.6 | 8.5 |
| 5 Year MIS | 7.8 | 7.7 |
| 5 Year NSC | 8.1 | 8.0 |
| PPF | 8.1 | 8.0 |
| KVP | 7.8 | 7.7 |
| Sukanya Samriddhi Account Scheme | 8.6 | 8.5 |
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