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Interest Rates for Government Schemes and Policy Rates of RBI

Interest Rates for Government Schemes and Policy Rates of RBI

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RBI Policy Rates

RatePercentage
Policy Repo Rate4.00%
Reverse Repo Rate3.35%
Marginal Standing Facility Rate4.25%
Bank Rate4.25%
(Cash Reserve Ratio) CRR3%
(Statutory Liquidity Ratio) SLR18.00%

What is Repo Rate – it is the interest rate at which the RBI gives money to licensed commercial banks when they need short term funds to coincide regulatory or business requirements.

Interest Rate on Government Small Saving Schemes

Scheme NameInterest Rate
Savings Deposit4%
Senior Citizen Savings Scheme (SCSS)7.4% 
Public Provident Fund Account (PPF )7.1%
National Savings Certificates (NSC)6.8%
Kisan Vikas Patra (KVP )6.9%
Sukanya Samriddhi Accounts7.6%

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