Want To Double Your Investment In 10 Years? Deposit In Govt-Supported Kisan Vikas Patra Scheme; Details
News 18Interest rates on the small savings schemes are going to be revised by the end of this week. Though Kisan Vikas Patra was first launched in 1988, it was relaunched in 2014 with a number of changes including mandatory PAN card proof for investments over Rs 50,000 and income source proof for investments exceeding Rs 10 lakh. Kisan Vikas Patra certificates are transferrable from person to person, from one post office to another one, anywhere in India. 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. The finance ministry had said, “The rates of interest on various small savings schemes for the second quarter of the financial year 2022-23, starting from July 1, 2022, and ending on September 30, 2022, shall remain unchanged from those notified for the first quarter for FY 2022-23.” Read all the Latest Business News and Breaking News here