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📊 Latest Govt Interest Rates

As per Government of India (Ministry of Finance)
SSY (Sukanya) 8.2%
SCSS 8.2%
NSC 7.7%
KVP 7.5%
MIS 7.4%
PPF 7.1%

Small Savings Interest Rates India 2026 PPF NSC SSY SCSS Government schemes

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New Tool · Family Expense Tracker
Do the two of you know where the household money actually goes?

Set a monthly fund for each of you, log every expense as it happens, and see exactly where the money is going — together. Before either of you asks for a top-up, you'll both know the previous amount was used properly and fully accounted. No blame, no surprises — just one shared, honest picture of the household budget.

Built for real homes — especially government families, where every rupee is planned and the budget is always tight.

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ELECTRIC MOTOR VEHICLE ADVANCE
Electric Vehicle Loan: Interest Rates, Eligibility, and Repayment Guide

Electric Vehicle Loan Details

Interest Rate

Nil

Maximum Amount That Can Be Sanctioned

75% of the cost of the Electric Vehicle (Ex-showroom price), subject to:

  • Maximum ₹15 lakh for an electric motor car
  • Maximum ₹2 lakh for a two-wheeler

Application Deadline

31st December 2025

NOTE:The last date extended up to 28.02.2026 vide Finance Department L. No. 3182/F dated 04.02.2026. Click here

Eligibility

Employee Category Amount Cap Remarks
Group-A & B 75% of the cost of the Electric Vehicle (Ex-showroom price) ₹15 lakh for 4-wheeler, ₹2 lakh for 2-wheeler Though eligible for both, can avail only one at a time
Group-C & D 75% of the cost of the two-wheeler Electric Vehicle (Ex-showroom price) ₹2 lakh for 2-wheeler

Repayment

In maximum 100 consecutive monthly installments from subsequent months.

Documents Required Within 3 Months After Availing the Advance

  • Copy of registration certificate
  • Insurance
  • Retail invoice of the vehicle

Related Finance Department Circulars

Finance Department O.M. No. 8524 dated 05.04.2022

Download Document

Additional Document

Finance Department O.M. No. 8481 dated 17.03.2023

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Additional Document

Finance Department Letter No. 19601 dated 11.07.2023

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Additional Document

Finance Department Letter No. 28139 dated 04.10.2024

Download Document