Will PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi, other post office schemes’ interest rates reduce from October, 2024?

The Centre is likely to announce the interest rates of small savings schemes — Public Provident Fund (PPF), Senior Citizen Savings Scheme (SCSS), National Savings Certificate (NSC), Sukanya Samriddhi Yojana (SSY), Post Office Monthly Income Scheme (POMIS) by September 30, 2024. As we are almost towards the end of the rising interest rate cycle, will interest rates of post office schemes start falling soon? Read on to know where the interest rates are going during the October-December quarter of 2024 and what investors should do now.