2025 may ring in small savings rate cuts
1 week, 3 days ago

2025 may ring in small savings rate cuts

The Hindu  

Investors in small savings schemes should brace themselves for a year of interest rate cuts, and the first reduction in returns on these schemes may come as early as this week when the government resets rates for the January to March quarter. Although the PPF rate has remained unchanged since then, the Centre began hiking rates on other small savings instruments from October 2022. “Since Q3 of 2022-23, interest rates on various small savings instruments have been cumulatively increased in the range of 70-250 basis points by the Government of India,” the Reserve Bank of India had noted in its October bulletin. “However, amid the expectations of a policy rate cut in Q4 of 2024-2025 and Q1 of 2025-2026, we believe that the interest rates on small savings schemes are likely to be pared from the April-June 2025 quarter onwards, which will also aid in the transmission of monetary policy,” Ms. Nayar concluded.

Savings Interest Rates Small Savings Schemes 2025 Small Schemes Ring Rate Cuts Ppf  instruments  2025  ring  quarter  interest  rates  savings  small  cuts  schemes  yields  rate  gsec

History of this topic

Post office schemes' interest rates unchanged for January-March 2025. Check here
6 days, 22 hours ago

Post office schemes' interest rates unchanged for January-March 2025. Check here

India Today  

As we enter the final quarter of FY 2024-25, the government has announced that the interest rates for various small savings schemes, also known as Post office schemes, including Public Provident Fund, Senior Citizen Savings Scheme, Sukanya Samriddhi Yojana, and others, will remain unchanged for the period from January to March 2025. CURRENT INTEREST RATES FOR POST OFFICE SCHEMES The …

Small savings schemes: Interest rates on PPF, SSY, SCSS remain unchanged for January-March quarter; Check rates
1 week, 1 day ago

Small savings schemes: Interest rates on PPF, SSY, SCSS remain unchanged for January-March quarter; Check rates

Live Mint  

Small savings schemes: The central government has kept the interest rates unchanged on various small savings schemes for the January-March quarter of the financial year 2024-25. According to an official notification by the finance ministry on Tuesday, December 31, the government left the interest rates unchanged on various small savings schemes, including PPF and NSC, for the fourth straight quarter …

Will Govt Increase Interest Rates Of Small Savings Schemes? Know Past Trends
4 months ago

Will Govt Increase Interest Rates Of Small Savings Schemes? Know Past Trends

News 18  

Small savings schemes in India are designed to provide individuals with safe and attractive options for saving money. Small Savings Scheme Interest Rate 2024 The government, in June, had decided to maintain the current interest rates on all small savings schemes for the July to September period. “The rates of interest on various small savings schemes for the second quarter …

PPF, Post Office Deposits, SSY: Govt Keeps Interest Rates Unchanged On Small Savings Schemes for Q2 FY25
6 months, 1 week ago

PPF, Post Office Deposits, SSY: Govt Keeps Interest Rates Unchanged On Small Savings Schemes for Q2 FY25

News 18  

The government on Friday kept the interest rates unchanged on small savings schemes, including Public Provident Fund, Sukanya Samriddhi Yojana, Senior Citizens Savings Schemes and post office time deposits, for July-September 2024, according to a notification by the finance ministry on Friday. Interest rates on small savings schemes like PPF, post office savings and term deposits, NSC and SSY, are …

Here are the latest interest rates of PPF, NSC, KVP, SSY and other small savings schemes from April 1 onwards
9 months, 1 week ago

Here are the latest interest rates of PPF, NSC, KVP, SSY and other small savings schemes from April 1 onwards

Live Mint  

Within fixed-income instruments, small savings schemes such as PPF, SSY, NSC, and KVP are quite popular among investors thanks to the fixed and assured returns they offer. Within fixed-income instruments, small savings schemes are the ones which are quite popular among the masses, and many investors opt for them for the fixed and assured returns they offer. {{^adFree}} {{/adFree}} It …

Interest rate for small savings schemes to remain unchanged for April-June 2024 quarter: Centre
10 months ago

Interest rate for small savings schemes to remain unchanged for April-June 2024 quarter: Centre

Hindustan Times  

The Finance Ministry on Friday announced the interest rates for small savings schemes for the upcoming quarter of April-June 2024, stating that the Centre has decided to keep the rates applicable to these schemes unchanged. The government announced that the interest rates for small savings schemes will remain unchanged In a memorandum issued on March 8, the Ministry of Finance …

Senior citizens savings scheme collection spikes, PPF rates remain same
1 year, 2 months ago

Senior citizens savings scheme collection spikes, PPF rates remain same

Live Mint  

Total collections made under small savings schemes witnessed a jump in September quarter, with deposits for the Senior Citizens Savings Scheme rising nearly 2.5 times year-on-year to ₹74,675 crore, reported Indian Express. The interest rate for Senior Citizens Savings Scheme was raised to 8.2 per cent from 8 per cent in June quarter this year and has been kept unchanged …

PPF returns 41 bps behind formula rates
1 year, 2 months ago

PPF returns 41 bps behind formula rates

The Hindu  

Returns on the Public Provident Fund, frozen at 7.1% since April 2020, should have been pegged at 7.51% for this quarter as per the formula-based rates regime for small savings schemes adopted in 2016, Reserve Bank of India calculations showed. Pre-poll hikes possible With government bond yields hardening over the past month, economists say there may be some room for …

Small Savings Schemes: Govt Likely To Keep Interest Rates Unchanged For October-December 2023, Says Expert
1 year, 4 months ago

Small Savings Schemes: Govt Likely To Keep Interest Rates Unchanged For October-December 2023, Says Expert

News 18  

Even as the interest rates on small savings schemes, including PPF, NSC and KVP, are reviewed every quarter, the government will revise interest rates on such schemes for October-December 2023 at the end of this month — September 29 or September 30. An expert said that going by the G-Sec yields trend, the interest rates on small savings schemes are …

Govt Raises Interest Rates On Small Savings Schemes By Up To 30 bps for July-Sept 2023; Latest Rates
1 year, 6 months ago

Govt Raises Interest Rates On Small Savings Schemes By Up To 30 bps for July-Sept 2023; Latest Rates

News 18  

The government on Friday hiked interest rates on some small savings schemes for the July-September 2023 quarter. It has increased 10 basis points on 1-year and 2-year post office time deposits to 6.9 per cent and 7.0 per cent, respectively, and raised 30 bps on 5-year recurring deposits to 6.5 per cent, according to an official statement. Latest Interest Rates …

No small change: on the raising of returns on small savings schemes
1 year, 8 months ago

No small change: on the raising of returns on small savings schemes

The Hindu  

Indian households’ financial surpluses parked in small savings schemes operated by banks and post offices got a significant fillip this quarter, with the government raising the returns on most such schemes by 0.1 to 0.7 percentage points. For October 2022 to December 2022, a mere 0.1 to 0.3 percentage hike was announced on just five of the dozen small savings …

Despite hikes, small savings scheme rates still to catch up
1 year, 8 months ago

Despite hikes, small savings scheme rates still to catch up

The Hindu  

Despite successive hikes in the interest rates on several small savings instruments in the last three quarters, the returns on five such schemes are still significantly lower than what they should have fetched as per the formula adopted for them. For the current quarter, interest rates on most small savings instruments were raised by 10-70 bps, barring the Public Provident …

Bank FD Vs Small Savings Schemes: Which Gives More Returns? PPF, NSC, SSY Latest Interest Rates
1 year, 9 months ago

Bank FD Vs Small Savings Schemes: Which Gives More Returns? PPF, NSC, SSY Latest Interest Rates

News 18  

Fixed deposits have been witnessing interest rate hikes since May last year as the RBI has raised 250 basis points in the key repo rate, thus prompting banks to raise the interest rates on FDs. Currently, HDFC Bank offers up to 7.1 per cent interest rates for the general public and up to 7.6 per cent rates for senior citizens. …

Govt Hikes Interest Rates On Small Savings Schemes By Up To 70 bps for April-June 2023; Latest Rates
1 year, 9 months ago

Govt Hikes Interest Rates On Small Savings Schemes By Up To 70 bps for April-June 2023; Latest Rates

News 18  

The government has increased interest rates on small savings schemes, including post office time deposit, Senior Citizen Savings Scheme and National Savings Certificate, by up 70 basis points, according to a circular issued by the finance ministry on Friday. According to the circular, the highest interest rate hike was made in the NSC from 7 per cent to 7.7 per …

PPF, Sukanya Samriddhi Account interest rate hike may remain elusive
1 year, 9 months ago

PPF, Sukanya Samriddhi Account interest rate hike may remain elusive

The Hindu  

Investors in the popular small saving schemes Public Provident Fund and Sukanya Samriddhi Account, whose rates have not been hiked since January 2019, are unlikely to get higher returns anytime soon, a top government official has indicated. The last time the PPF and SSA rates were tweaked was when they were slashed sharply in April 2020 along with the returns …

Govt hikes interest rates on small deposits, NSC and post office deposits from Jan 1; no change in PPF rate
2 years ago

Govt hikes interest rates on small deposits, NSC and post office deposits from Jan 1; no change in PPF rate

India TV News  

Interest rates hike: In accordance with firming interest rates in the economy, the Central government on Friday hiked the interest rates on small deposits by up to 1.1 percentage points from January 1. According to reports, the interest rates have also been raised on post office term deposits, National Saving Certificate and senior citizen savings schemes. However, the interest rates …

PPF, KVP, Post Office Deposits; Check Latest Interest Rates On Small Savings Schemes
2 years, 3 months ago

PPF, KVP, Post Office Deposits; Check Latest Interest Rates On Small Savings Schemes

News 18  

Latest Interest Rates On Small Savings Schemes: After over two years of remaining unchanged, the government has revised upwards the interest rates on small savings schemes, including Kisan Vikas Patra and time deposits, up to 30 basis points for October-December 2022. Interest rates have been revised upwards for Kishan Vikas Patra, senior citizens savings scheme, monthly income account scheme, and …

Small savings rates raised by 10-30 bps; PPF, NSC excluded
2 years, 3 months ago

Small savings rates raised by 10-30 bps; PPF, NSC excluded

Deccan Chronicle  

New Delhi: After a gap of nine quarters, the central government on Thursday raised interest rates on a handful of small savings schemes that do not get income tax benefit. With the revision, a three-year time deposit with post offices would earn 5.8 per cent from the existing 5.5 per cent, for the third quarter of the current financial year. …

Small Savings Scheme: Will Govt Raise Interest Rates For October-December 2022?
2 years, 3 months ago

Small Savings Scheme: Will Govt Raise Interest Rates For October-December 2022?

News 18  

Interest rates on small savings schemes, including PPF, Sukanya Samriddhi Yojana and Senior Citizens Savings Scheme, have remained unchanged since the first quarter of 2020-21. A senior banker told news18.com that the government will monitor the country’s liquidity position and inflation before deciding on the interest rates of small savings schemes. The finance ministry had said, “The rates of interest …

Small savings schemes – an island in an ocean of rising rates
2 years, 6 months ago

Small savings schemes – an island in an ocean of rising rates

Live Mint  

Expectations were high, and probably rightly so, that the Ministry of Finance would announce a hike in the small savings scheme interest rates. Small savings schemes include many popular schemes such as the Post Office time deposits, the Public Provident Fund, the Senior Citizen Savings Scheme and the National Savings Certificate, among others. Deposit rates rising Ever since the Reserve …

PPF, NSC, Other Small Savings Schemes Interest Rates Kept Unchanged For July-September
2 years, 6 months ago

PPF, NSC, Other Small Savings Schemes Interest Rates Kept Unchanged For July-September

News 18  

The central government on Thursday decided to keep interest rates unchanged on small savings schemes, including Sukanya Samriddhi Yojana, Senior Citizens Savings Scheme or Public Provident Fund, for the July-September 2022 quarter. The post office savings deposits will now continue to offer an interest rate of 4 per cent per annum. National Saving Certificates and Kisan Vikas Patra are currently …

EPF Interest At 4-Decade Low: Here're Current Rates Offered By PPF, NSC, Kisan Vikas Patra
2 years, 7 months ago

EPF Interest At 4-Decade Low: Here're Current Rates Offered By PPF, NSC, Kisan Vikas Patra

News 18  

The government has ratified a four-decade-low interest rate of 8.1 per cent on employees’ provident fund deposits for 2021-22. Post office savings deposits offer an interest rate of 4 per cent per annum, while time deposits of the tenure 1-3 years offer 5.5 per cent per annum. National Saving Certificates and Kisan Vikas Patra are offering annual interest rates of …

PPF, Senior Citizen Savings Scheme Offering Better Returns Than Bank FDs? Know In Details
2 years, 8 months ago

PPF, Senior Citizen Savings Scheme Offering Better Returns Than Bank FDs? Know In Details

News 18  

Even as fixed deposits are now giving slightly more returns than earlier since several banks have recently raised their interest rates on them, small savings schemes are still offering more attractive returns. The returns on small savings schemes, such as PPF, senior citizen savings scheme, National Savings Certificate and Sukanya Samriddhi Account Scheme, range between 4 per cent and 8.1 …

PPF, NSC, small savings schemes interest rates announced | Check full list
2 years, 9 months ago

PPF, NSC, small savings schemes interest rates announced | Check full list

India Today  

Interest rates on small savings schemes, including NSC, PPF, and Sukanya Samriddhi Yojana, were announced by the government on Thursday. PPF, NSC INTEREST RATES Public Provident Fund and National Savings Certificate will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the first quarter. "The rate of interest on various small savings …

Middle-class savings to dip as EPFO cuts interest rate to 8.1% for 2021-22
2 years, 9 months ago

Middle-class savings to dip as EPFO cuts interest rate to 8.1% for 2021-22

Hindustan Times  

The Employees’ Provident Fund Organisation, the state-run retirement fund manager and a popular savings scheme for millions of salaried middle-class Indians, on Saturday decided on an 8.1% interest on provident fund deposits for 2021-22, a downward revision. In the previous year, the fund manager kept the interest rate on savings steady at 8.5% but Saturday’s downward revision is lowest in …

PPF, Sukanya Samriddhi, NSC Interest Rates Remain Unchanged for Next Quarter
3 years, 6 months ago

PPF, Sukanya Samriddhi, NSC Interest Rates Remain Unchanged for Next Quarter

News 18  

Finance ministry has kept the interest rates on small saving schemes such as Public Provident Funds, Senior Citizens Saving Schemes, National Saving Certificate, Kisan Vikas Patra unchanged for the July-September quarter. Among the other small savings schemes, the Sukanya Samriddhi Yojana will now attract an interest of 7.6 per cent per annum. For deposits accounts with five years tenure, individuals …

Why small savings rates won’t be cut
3 years, 6 months ago

Why small savings rates won’t be cut

Live Mint  

MUMBAI : The accounts of the central government for the fiscal year 2020-21 were published recently. This marked jump in the food subsidy bill—fuelled only in part by the pandemic—should make it easier for the government to cut the interest rates on small savings schemes, which include schemes like the National Savings Certificate, Public Provident Fund, Senior Citizens Savings Scheme, …

EPF, PPF interest rate should be equal — suggests SBI research team
3 years, 8 months ago

EPF, PPF interest rate should be equal — suggests SBI research team

Live Mint  

The State Bank of India economic research team led by Dr. Soumya Kanti Ghosh has advised Government of India to bring parity in Employees' Provident Fund and Public Provident Fund interest rate. The SBI research team made this suggestion while showcasing its findings on whether Indians have become more risk averse post-market aberrations in 2008? The SBI research team went …

Nirmala Sitharaman tweets small savings rate cut order to be withdrawn; Congress calls it 'poll-driven hindsight'
3 years, 9 months ago

Nirmala Sitharaman tweets small savings rate cut order to be withdrawn; Congress calls it 'poll-driven hindsight'

Firstpost  

On Wednesday, in a jolt to savers, the finance ministry had reduced interest rate by up to 1.1 percent across various small savings schemes In a tweet on Thursday morning that simultaneously gave rise to cheer and dismay, Finance Minister Nirmala Sitharaman said that the “interest rates of small savings schemes will continue to be at the rates which existed …

Government withdraws cut in interest rates on PPF, NSC and other small savings schemes
3 years, 9 months ago

Government withdraws cut in interest rates on PPF, NSC and other small savings schemes

India TV News  

The Central government has rolled back cuts on interest rates on small savings schemes. "Interest rates of small savings schemes of the Government of India shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. While the interest on savings deposit was cut from 4 per cent …

'Issued by Oversight': Govt Rolls Back Small Savings Rate Cut Within Hours, Interest to be Same as Last FY
3 years, 9 months ago

'Issued by Oversight': Govt Rolls Back Small Savings Rate Cut Within Hours, Interest to be Same as Last FY

News 18  

The government on Thursday morning rolled back the cut on interest rates on small savings schemes. “Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. The ministry said the rate cuts “are in line with overall interest rate …

Govt Cuts Interest Rates on Small Savings From 4% to 3.5% With Effect From April 1; Provident Fund Rate Down by 0.7%
3 years, 9 months ago

Govt Cuts Interest Rates on Small Savings From 4% to 3.5% With Effect From April 1; Provident Fund Rate Down by 0.7%

News 18  

The government on Wednesday cut interest rates on small savings schemes, including NSC and PPF, by up to 1.1 per cent for the first quarter of 2021-22 in line with falling fixed deposit rates of banks. Interest rate on Public Provident Fund has been reduced by 0.7 per cent to 6.4 per cent while National Savings Certificate will now earn …

Govt cuts interest rates on small savings schemes, PPF hits 46-year low of 6.4%
3 years, 9 months ago

Govt cuts interest rates on small savings schemes, PPF hits 46-year low of 6.4%

India Today  

The Finance Ministry on Wednesday announced a sharp cut in interest rates for small savings schemes for the first quarter of the financial year 2021-22. The interest rate for National Savings Certificate was also slashed to 5.9 per cent from 6.8 per cent, while Sukanya Samriddhi Account’s scheme has been from 7.6 per cent to 6.9 per cent. As per …

Here's a List of Small Saving Schemes in Fixed Income Group
3 years, 11 months ago

Here's a List of Small Saving Schemes in Fixed Income Group

News 18  

There’s good news for those sticking to their small saving schemes as the government has decided to keep the interest rates stagnant. A government circular confirming that the interest rates on small savings schemes will remain unchanged until the end of the financial year 2020-21, was released on December 31. As per that, Public Provident Fund will fetch 7.1 percent …

Interest Rate on PPF, NSC, Other Small Savings Schemes Unchanged for Q4
4 years ago

Interest Rate on PPF, NSC, Other Small Savings Schemes Unchanged for Q4

News 18  

New Delhi:The government on Thursday kept the interest rates on small savings schemes, including PPF and NSC, unchanged for the January-March quarter amid moderating bank deposit rates. Public Provident Fund and National Savings Certificate will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively. Accordingly, the interest rate for the five-year Senior Citizens …

Govt Keeps Interest Rates on Small Savings Schemes Unchanged for Oct-Dec Quarter
4 years, 3 months ago

Govt Keeps Interest Rates on Small Savings Schemes Unchanged for Oct-Dec Quarter

News 18  

The government on Wednesday kept the interest rates on small savings schemes, including PPF and NSC, unchanged for the October-December quarter amid moderating bank deposit rates. Public Provident Fund and National Savings Certificate will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively. Later, a finance ministry notification said the rates of interest …

PPF rates remain unchanged. Sukanya Samriddhi continues to fetch 7.6%
4 years, 6 months ago

PPF rates remain unchanged. Sukanya Samriddhi continues to fetch 7.6%

Live Mint  

The government today kept interest rates unchanged for small savings schemes, including that of popular Public Provident Fund or PPF, for the July-September quarter despite a fall in the interest rate in the overall financial system. Among the small savings schemes Sukanya Samriddhi Account will fetch the highest interest rate, at 7.6%. Latest Small Savings Schemes Interest Rate Latest Small …

Wrong time to reduce interest rates on small savings: P Chidambaram
4 years, 9 months ago

Wrong time to reduce interest rates on small savings: P Chidambaram

India TV News  

Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates on small savings and PPF and said it may be "technically correct but it's wrong time" as the country is amid lockdown due to fear of Covid-19 and people have no way of income. While reducing the interest rate on PPF and small savings may …

Here’s The Impact Of Rate Cut On PPF And Other Small Savings Schemes
4 years, 9 months ago

Here’s The Impact Of Rate Cut On PPF And Other Small Savings Schemes

ABP News  

New Delhi: In a recently held emergency meeting the Reserve Bank of India slashed its benchmark repurchase rate by 75 basis points and its reverse repurchase rate by 90 basis points. Now, girl child savings scheme Sukanya Samriddhi Yojana will earn a lower rate of 7.6 per cent, against 8.4 per cent earlier. NSC: The rate cut has brought down …

Interest rates of PPF, Kisan Vikas Patra and other small savings schemes slashed; new rates will be applicable from today (1 April)
4 years, 9 months ago

Interest rates of PPF, Kisan Vikas Patra and other small savings schemes slashed; new rates will be applicable from today (1 April)

Firstpost  

People with accounts in Public Provident Fund, Kisan Vikas Patra and National Savings Certificate will earn less after the rates were cut by 70-140 basis points. The government has announced a cut in the interest rates of various small savings schemes for the April-June quarter. The interest rates of all small savings schemes are readjusted in every quarter and have …

Govt may cut rate on small savings schemes in next quarter
4 years, 9 months ago

Govt may cut rate on small savings schemes in next quarter

India TV News  

The government is considering rate moderation for small savings schemes in the upcoming quarter, a development that could lead to speedier transmission of monetary policy rate cuts, sources said. During the current quarter, the government refrained from cutting interest rates on small savings schemes, such as Public Provident Fund and National Savings Certificate, despite moderating bank deposit rates. Bankers have …

Where your PPF, Sukanya Samridhhi, Post Office money goes
4 years, 10 months ago

Where your PPF, Sukanya Samridhhi, Post Office money goes

Live Mint  

Attractive interest rates and sovereign guarantee make them very popular and the government has been able to raise huge sum through these instruments over the years. Small savings schemes, which include instruments like public provident fund and Sukanya Samridhhi account, are backed by the central government. Collections under various small saving schemes, net of withdrawals, during a financial year, form …

Small savings rate may see moderation next quarter: DEA Secretary
4 years, 11 months ago

Small savings rate may see moderation next quarter: DEA Secretary

India TV News  

Department of Economic Affairs Secretary Atanu Chakraborty has hinted at revision in small savings rate next quarter, in line with market rate, a development that could lead to speedier transmission of monetary policy rate. During the current quarter, the government refrained from cutting interest rates on small savings schemes, including Public Provident Fund and National Savings Certificate, despite moderating bank …

Interest on PPF, other small savings schemes may come down
4 years, 11 months ago

Interest on PPF, other small savings schemes may come down

Live Mint  

New Delhi: A top government official has hinted that there could be some moderation in small savings rates going forward in line with market rate. For this quarter, January to March, the government had kept interest rates steady on small savings schemes, including PPF, despite moderating bank deposit rates. "In India, right now we have about ₹12 lakh crore in …

Interest rate on PPF, Sukanya Samriddhi, other small savings schemes may fall further
5 years, 5 months ago

Interest rate on PPF, Sukanya Samriddhi, other small savings schemes may fall further

Live Mint  

The interest rate on small savings schemes like Public Provident Fund and other small savings schemes like Senior Citizen Savings Scheme and Sukanya Samriddhi Yojana may be poised for further cuts in subsequent quarters, say experts. Small savings rates are pegged to government bond yields and for the latest July-September quarter, the government had earlier lowered interest rates on PPF …

PPF, other small savings schemes to fetch lower interest but still remain attractive
5 years, 6 months ago

PPF, other small savings schemes to fetch lower interest but still remain attractive

Live Mint  

The interest rates on public provident fund and other small savings instruments have been cut in the wake of falling interest rate across the financial system. Barring interest on savings deposits, which has been retained at 4% annually, the government today reduced interest rate on small savings schemes, including NSC and PPF, by 10 basis points for the July-September quarter. …

Winners and losers among small savings plans
5 years, 9 months ago

Winners and losers among small savings plans

Live Mint  

A number of products from the stable of small savings schemes, whose rates are reviewed every quarter and some times reset by the government, help you save tax, and the start of a financial year is a good time for tax planning. At 8.7%, SCSS carries the highest interest rate among small savings schemes. The current rate of interest at …

PPF, Sukanya Samriddhi Scheme remain attractive, interest rates kept unchanged
5 years, 9 months ago

PPF, Sukanya Samriddhi Scheme remain attractive, interest rates kept unchanged

Live Mint  

New Delhi: The government today kept interest rates of public provident fund and other small savings schemes unchanged for the first quarter of the financial year 2019-20, starting from 1 April, 2019 to 30 June, 2019. “Rates of interest on various small savings schemes for the first quarter of the financial year 2019-20 starting from 1st April, 2019 and ending …

Small savings schemes: Govt keeps interest rates unchanged for Apr-June quarter on NSC, PPF, KVP
5 years, 9 months ago

Small savings schemes: Govt keeps interest rates unchanged for Apr-June quarter on NSC, PPF, KVP

Firstpost  

New Delhi: The government has kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the April-June quarter. Public Provident Fund and National Savings Certificate will continue to carry an annual interest rate of 8 percent, while Kisan Vikas Patra will give a yield of 7.7 percent and mature in 112 months. Interest rates for small …

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