PPF, Post Office Deposits, SSY: Govt Keeps Interest Rates Unchanged On Small Savings Schemes for Q2 FY25
8 months, 3 weeks 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 reviewed at the end of every quarter and are decided for the next quarter accordingly. In the last review on March 31, 2024, the government had left the interest rates unchanged on various small savings schemes for the April-June 2024 quarter. Latest Interest Rates On Small Savings Schemes: The interest rates for the current quarter July-September 2024 are as follows: Savings Deposit: 4 per cent 1-Year Post Office Time Deposits: 6.9 per cent 2-Year Post Office Time Deposits: 7.0 per cent 3-Year Post Office Time Deposits: 7.1 per cent 5-Year Post Office Time Deposits: 7.5 per cent 5-Year Recurring Deposits: 6.7 per cent National Saving Certificates : 7.7 per cent Kisan Vikas Patra: 7.5 per cent Public Provident Fund: 7.1 per cent Sukanya Samriddhi Account: 8.2 per cent Senior Citizens Savings Scheme: 8.2 per cent Monthly Income Account: 7.4 per cent.

Savings Interest Rates Interest Small Savings Schemes Public Provident Fund 2024 Cent Post Quarter Rates Small Schemes Nsc Ppf Office Deposits Ssy Kisan Vikas Patra  savings  quarter  2024  post  small  unchanged  ssy  office  deposits  cent  ppf  schemes  interest  q2  rates

History of this topic

Looking for tax benefits under Section 80C? Check these 5 options
2 weeks, 2 days ago

Looking for tax benefits under Section 80C? Check these 5 options

India Today  

Post Office Savings Schemes are considered a safe investment option in India as they are backed by the government. That said, let us look at the five office savings schemes that offer tax benefits under Section 80C. Also, contributions made to PPF qualify for tax deductions under Section 80C and the interest earned, along with the maturity amount, is tax-free. …

FinMin May Lower Small Savings Scheme Rates In FY26, Says Report
1 month, 2 weeks ago

FinMin May Lower Small Savings Scheme Rates In FY26, Says Report

ABP News  

As the Reserve Bank of India's decision to reduce the benchmark policy repo rate by 25 basis points, the finance ministry may evaluate the possibility of lowering interest rates for small savings schemes in the upcoming financial year, according to a government official, as per a Moneycontrol report. On December 31, the Finance Ministry decided to keep the interest rates …

7 last-minute investment strategies to save taxes before FY 2024-25 ends
2 months ago

7 last-minute investment strategies to save taxes before FY 2024-25 ends

India Today  

As the financial year 2024-25 draws to a close, many taxpayers find themselves scrambling for ways to save on taxes. Let’s have a look at seven reliable options to consider: INVEST IN EQUITY LINKED SAVINGS SCHEME ELSS funds are a popular choice for tax-saving investments, offering exemptions of up to Rs 1.5 lakh under Section 80C of the Income Tax …

Post office schemes' interest rates unchanged for January-March 2025. Check here
2 months, 2 weeks 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 …

Interest rates of PPF, Sukanya Samriddhi Yojana to remain unchanged | Details
2 months, 3 weeks ago

Interest rates of PPF, Sukanya Samriddhi Yojana to remain unchanged | Details

Hindustan Times  

The government will be keeping the interest rates of various small savings schemes unchanged for the fourth consecutive quarter, announced the Union finance ministry on Tuesday, December 31, 2024. The government will be keeping the interest rates on various small savings schemes like PPFY, SSY, and NSC unchanged, meaning it would be the same as the previous consecutive quarter “The …

Small savings schemes: Interest rates on PPF, SSY, SCSS remain unchanged for January-March quarter; Check rates
2 months, 3 weeks 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 …

2025 may ring in small savings rate cuts
2 months, 3 weeks 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 …

Public Provident Fund: Is PPF a smart investment tool for income tax savings and ITR filing?
2 months, 3 weeks ago

Public Provident Fund: Is PPF a smart investment tool for income tax savings and ITR filing?

Live Mint  

Public Provident Fund is a reliable mode of investing for people who want to save taxes while also earning substantial returns on their investments. The fact that PPF is exempt from taxes in all three phases—during investment, interest accumulation, and withdrawal—gives it an edge and makes it one of the best tax-saving options available under Section 80C of the Income …

Public Provident Fund: Is PPF a smart investment tool for income tax savings and ITR filing?
2 months, 3 weeks ago

Public Provident Fund: Is PPF a smart investment tool for income tax savings and ITR filing?

Live Mint  

Public Provident Fund is a reliable mode of investing for people who want to save taxes while also earning substantial returns on their investments. The fact that PPF is exempt from taxes in all three phases—during investment, interest accumulation, and withdrawal—gives it an edge and makes it one of the best tax-saving options available under Section 80C of the Income …

Post office schemes: 8 financial instruments offer assured return up to 8.2%
4 months ago

Post office schemes: 8 financial instruments offer assured return up to 8.2%

Live Mint  

Are you a conservative investor who is looking to invest in some safe financial instrument? These schemes include PPF, monthly income account, senior citizens savings scheme, post office savings account, National Savings Certificate, Kisan Vikas Patra and Sukanya Samriddhi Account. Post office savings account: It offers 4 percent per annum on individual/joint account. Financial Instrument Annual interest PPF 7.1 Monthly …

Public Provident Fund vs Sukanya Samriddhi Yojana vs Post Office Fixed Deposit: Latest interest rates compared
4 months ago

Public Provident Fund vs Sukanya Samriddhi Yojana vs Post Office Fixed Deposit: Latest interest rates compared

Live Mint  

Saving is a vital part of life, whether for retirement or building an emergency fund. Here, we compare the most recent interest rates for Post Office Fixed Deposits, Sukanya Samriddhi Yojana, and PPF. Sukanya Samriddhi Yojana latest interest rates Sukanya Samriddhi account is a popular savings option for Indian parents of daughters. Post Office Fixed Deposit's latest interest rates The …

PPF: Interest rate offered on Public Provident Fund vis-a-vis other Small Savings Schemes. Check entire list here
4 months, 1 week ago

PPF: Interest rate offered on Public Provident Fund vis-a-vis other Small Savings Schemes. Check entire list here

Live Mint  

Are you looking to invest in a safe financial instrument for a long term investment? Other small savings scheme besides PPF Post office savings account: It offers 4 percent interest per annum. 1-year-time deposit: It gives 6.9 per cent interest per annum 2-year time deposit: It offers 7 per cent interest per annum. Senior Citizen Savings Scheme: This scheme offers …

Will Govt Increase Interest Rates Of Small Savings Schemes? Know Past Trends
6 months, 1 week 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 …

Here are the latest interest rates of PPF, NSC, KVP, SSY and other small savings schemes from April 1 onwards
11 months, 3 weeks 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
1 year 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 …

Small Savings Schemes: What are the latest interest rates offered? Detailed comparison
1 year ago

Small Savings Schemes: What are the latest interest rates offered? Detailed comparison

Live Mint  

Small savings schemes are financial instruments managed by the Central government to encourage households to inculcate the habit of saving. A lowdown on small savings scheme Post Office Savings Account: It can be opened by making a minimum deposit of ₹500 while minimum withdrawal amount is ₹50. The interest rate offered is 4 percent per annum on individual/ joint accounts …

In charts: Small savings, big fiscal challenge
1 year, 4 months ago

In charts: Small savings, big fiscal challenge

Live Mint  

The tendency of Indian households to persist with an old habit of risk-averse investment choices, and lean towards sovereign fixed-income schemes, doesn’t augur well for the Centre. Latest data on ‘small savings schemes’—the umbrella term for this basket of fixed-income schemes—shows a 2.5 times year-on-year increase in a scheme for senior citizens during the six-month period from April to September …

Senior citizens savings scheme collection spikes, PPF rates remain same
1 year, 4 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, 5 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 …

Government Increases Interest Rate on 5 Year Recurring Deposit Scheme
1 year, 5 months ago

Government Increases Interest Rate on 5 Year Recurring Deposit Scheme

Deccan Chronicle  

New Delhi: The government on Friday raised the interest rate on five-year recurring deposit scheme to 6.7 per cent from 6.5 per cent for the December quarter and retained the rates for all other small savings schemes. According to a finance ministry circular, the interest rate on savings deposit has been retained at 4 per cent and on the one-year …

Small Savings Schemes: Govt Likely To Keep Interest Rates Unchanged For October-December 2023, Says Expert
1 year, 6 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 …

Your PPF, SSY, other small savings schemes may get frozen by end of this month
1 year, 6 months ago

Your PPF, SSY, other small savings schemes may get frozen by end of this month

Live Mint  

Investors of the Public Provident Fund, Sukanya Samriddhi Yojana, Post office deposits, and other small savings schemes must submit their Aadhaar number to the post office or bank branch by the end of this month. PAN and Aadhaar number has become mandatory for making investments in small savings schemes like PPF, SSY, Senior Citizens Saving Scheme, etc. September 30 deadline …

Govt Raises Interest Rates On Small Savings Schemes By Up To 30 bps for July-Sept 2023; Latest Rates
1 year, 8 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 …

Centre hikes interest rates on small saving schemes for July-September quarter
1 year, 8 months ago

Centre hikes interest rates on small saving schemes for July-September quarter

India TV News  

The Central government on Friday raised interest rates on select saving schemes for the July-September quarter. However, interest rates on term deposits for three years and five years have been retained at 7 per cent and 7.5 per cent. The interest rates for popular PPF and savings deposits are retained at 7.1 per cent and 4 per cent, respectively. The …

No small change: on the raising of returns on small savings schemes
1 year, 10 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, 11 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 …

Central Government Increases Interest Rates Of Sukanya Samriddhi Yojana To 8%
1 year, 11 months ago

Central Government Increases Interest Rates Of Sukanya Samriddhi Yojana To 8%

News 18  

The central government has increased the Sukanya Samriddhi Yojana interest rates from 7.60% to 8%. Although the SSY interest rates are variable every quarter, investors who start their Sukanya Samriddhi Yojana account investments after the birth of their first girl child can expect to receive returns of between 7.60 and 8%. The girl child will become financially independent at age …

Post Office Savings Schemes Compete With Bank FDs After 3 Hikes in Rates by Govt
1 year, 11 months ago

Post Office Savings Schemes Compete With Bank FDs After 3 Hikes in Rates by Govt

News 18  

Post office term deposits, which were fetching lesser returns than bank FDs in the recent past, have again become competitive with the government effecting three back-to-back increases in interest rates on small savings schemes. The return on post office term deposits of two years under the small savings schemes is 6.9 per cent, the same as offered by most banks …

PPF Contributions: Deposit your contributions by today for maximum benefits
1 year, 11 months ago

PPF Contributions: Deposit your contributions by today for maximum benefits

India TV News  

People who have a Public Provident Fund account must make their contribution for the fiscal year 2023–24 by April 5 to get the most out of their investment. According to PPF plan rules, interest is computed based on the lowest balance in the PPF account at the end of the fifth day of the month and the end of the …

Bank FD Vs Small Savings Schemes: Which Gives More Returns? PPF, NSC, SSY Latest Interest Rates
1 year, 11 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, 11 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 …

Centre hikes interest rates on some small savings schemes by up to 70 bps
1 year, 11 months ago

Centre hikes interest rates on some small savings schemes by up to 70 bps

Live Mint  

The Central Government on 31 March hiked the rate of interests on various small savings schemes including Senior Citizen Savings scheme, Sukanya Samriddhi Account scheme, Monthly Income Savings scheme, National Savings Certificate, Kisan Vikas Patra, and all post office time deposits during the April to June quarter of financial year 2023-24. A look at new interest rates from next month …

PPF, Sukanya Samriddhi Account interest rate hike may remain elusive
1 year, 11 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 Likely To Revise Interest Rates For Senior Citizen Savings Scheme, Details Here
2 years ago

Govt Likely To Revise Interest Rates For Senior Citizen Savings Scheme, Details Here

News 18  

The Central government is likely to revise the interest rate on the Senior Citizen Savings Scheme as the next revision of the interest rates on Small Savings Schemes is due by the end of this month. The senior citizens are also hopeful that the government may announce an increase in the SCSS interest rate along with the revised interest rate …

Bank FD Vs PPF, NSC, Other Small Savings Schemes: Which Gives More Interest Rates? Check Comparison
2 years, 1 month ago

Bank FD Vs PPF, NSC, Other Small Savings Schemes: Which Gives More Interest Rates? Check Comparison

News 18  

The RBI MPC meeting, which is taking place between February 6-8, will announce its decision on the repo rate hike on Wednesday, February 8. Currently, HDFC Bank offers up to 7 per cent interest rates for the general public and up to 7.5 per cent rates for senior citizens. Following the hike, the bank is offering FD interest rates of …

Budget 2023: Government raises interest rate on Senior Citizens’ Savings Scheme to 8%; all you need to know
2 years, 1 month ago

Budget 2023: Government raises interest rate on Senior Citizens’ Savings Scheme to 8%; all you need to know

Live Mint  

Senior citizens have a lot to rejoice with as the Union Finance Minister Nirmala Sitharaman announced reforms in the Budget 2023, allowing senior citizens to save and invest more for their future. The maximum deposit level of the Senior Citizens' Saving Scheme has been enhanced from Rs 15 lakh to Rs 30 lakh. The Union Budget 2023 has proposed to …

Senior citizens alert! interest rates go up on small savings schemes
2 years, 2 months ago

Senior citizens alert! interest rates go up on small savings schemes

Live Mint  

Investors in small savings schemes have a reason to rejoice, especially if they are senior citizens. Interest rates on five small savings schemes—Senior Citizen Savings Scheme, National Savings Certificate, Monthly Income Savings Scheme, Kisan Vikas Patra and post office time deposits—have been hiked by 20-110 basis points for the January-March quarter. The 8% interest rate on SCSS is higher by …

Interest Rate Hike On Post Office Time Deposits, Senior Citizen Savings Schemes, NSC Applicable From Today. Check Details
2 years, 2 months ago

Interest Rate Hike On Post Office Time Deposits, Senior Citizen Savings Schemes, NSC Applicable From Today. Check Details

ABP News  

New Delhi: The interest rate hike announced on small deposits including post office term deposits, NSC, and senior citizen savings scheme will be effective from today. What Investors Stand To Gain With the revision, National Savings Certificate will yield a 7 per cent interest rate from January 1 compared to 6.8 per cent at present. Similarly, the senior citizen savings …

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

Post Office Savings Account Interest Rate Remains Unchanged For Q3 FY23
2 years, 5 months ago

Post Office Savings Account Interest Rate Remains Unchanged For Q3 FY23

News 18  

The government has increased the interest rates for a few small savings schemes for the October-December quarter of the fiscal year 2023. However, there was no change in the interest rates for many schemes including Public Provident Fund, National Savings Certificate and Post Office Savings. Currently, 4 per cent annual interest rate is offered on post office savings for individual …

e-Passbook facility for PPF, SSY, Other Small Savings Schemes; What Account Holders Should Know
2 years, 5 months ago

e-Passbook facility for PPF, SSY, Other Small Savings Schemes; What Account Holders Should Know

News 18  

e-Passbook facility for PPF, Sukanya Samridhi: Now customers of Post Office Small Savings Schemes will be able to access their account information from anywhere, even without access to net banking or mobile banking. 12.10.2022 in order to provide simplified and enhanced digital facilities to National Savings Schemes account holders,” stated the Department of Posts via a notification on October 12, …

PPF, KVP, Post Office Deposits; Check Latest Interest Rates On Small Savings Schemes
2 years, 5 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, 5 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, 5 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 …

PPF, NSC, Sukanya Samridhhi Account Offering Better Returns Than Bank FDs? Check Details
2 years, 6 months ago

PPF, NSC, Sukanya Samridhhi Account Offering Better Returns Than Bank FDs? Check Details

News 18  

Several banks have recently raised their interest rates on fixed deposits. Small savings schemes, including PPF, senior citizen savings scheme, National Savings Certificate and Sukanya Samriddhi Account Scheme, are currently offering interest rates up to 7.6 per cent, while major banks like PNB, SBI and HDFC Banks are providing an interest rate of around 6 per cent on FDs. The …

PPF, Senior Citizen Scheme, Others: Want to Invest? Check How Much Return You Will Get
2 years, 8 months ago

PPF, Senior Citizen Scheme, Others: Want to Invest? Check How Much Return You Will Get

News 18  

Post Office Savings Scheme Interest Rates: The government has recently said in an order that the interest rates of various small savings schemes including Sukanya Samriddhi Yojana, Senior Citizens Savings Scheme and the Public Provident Fund, will remain unchanged for the July-September 2022 quarter even as inflation rates remained high in the country. As per the latest circular Public Provident …

Small savings schemes – an island in an ocean of rising rates
2 years, 8 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, 8 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 …

PPF, Sukanya Samriddhi, Senior Citizen Scheme: Govt to Hike Rates for September Quarter?
2 years, 8 months ago

PPF, Sukanya Samriddhi, Senior Citizen Scheme: Govt to Hike Rates for September Quarter?

News 18  

Post Office Savings Scheme Interest Rates: Stock markets and cryptocurrencies have recently been volatile, with traders experiencing huge losses in several sessions. Small savings schemes, including post office savings schemes like PPF, SSY and senior citizens savings scheme have their interest rates set by the government at the beginning of each quarter. 5-year Monthly Income Account: 6.6 per cent Post …

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