Term 5 years; interest paid monthly and taxable. Limits: ₹9 lakh (single), ₹15 lakh (joint).
FAQ
How much monthly income on ₹9 lakh?
₹5,550 a month at 7.4%.
Sources (checked 6 Nov 2026): Ministry of Finance small savings rates (Oct–Dec 2026).
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Term 5 years; interest paid monthly and taxable. Limits: ₹9 lakh (single), ₹15 lakh (joint).
₹5,550 a month at 7.4%.
Sources (checked 6 Nov 2026): Ministry of Finance small savings rates (Oct–Dec 2026).