Government Offers Comprehensive Savings Schemes for Small Investors: Explore Government-Backed Options
1 month, 3 weeks ago

Government Offers Comprehensive Savings Schemes for Small Investors: Explore Government-Backed Options

ABP News  

The article highlights the various government-backed small savings schemes available in India, offering both fixed returns and tax benefits. These schemes include the Post Office Savings Account, National Savings Recurring Deposit Account, National Savings Monthly Income Account, Senior Citizens Savings Scheme Account, Public Provident Fund Account (PPF), Sukanya Samriddhi Account, Mahila Samman Savings Certificate, and National Savings Certificates. Each scheme offers unique features and benefits, making them suitable for different investment goals and risk appetites.

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

PPF: Interest rate offered on Public Provident Fund vis-a-vis other Small Savings Schemes. Check entire list here
1 month, 2 weeks 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 …

Top 10 small savings schemes retail investors should explore investing into
6 months, 2 weeks ago

Top 10 small savings schemes retail investors should explore investing into

Live Mint  

Small savings schemes not only offer assured returns in the range of 4 to 8.2 per cent per annum, but enable investors to claim income tax exemption of up to ₹ 1.5 lakh under section 80C of Income Tax Act. Besides FDs, however, investors tend to invest in small savings schemes or post office savings schemes primarily because of the …

Small Savings Schemes: What are the latest interest rates offered? Detailed comparison
9 months, 3 weeks 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 …

Light Up Your Investments This Diwali: Know Latest Interest Rates On Top Govt Schemes
1 year, 1 month ago

Light Up Your Investments This Diwali: Know Latest Interest Rates On Top Govt Schemes

News 18  

Govt Savings Schemes Interest Rates: Investing during Diwali, especially in India, is a tradition rooted in cultural and historical significance. National Savings Time Deposit Account Four category of Time Deposit Account available – 1 year, 2 years, 3 years and 5 years Minimum deposit Rs 1000 and thereafter in the multiples of Rs 100. A single holder type account may …

Government Increases Interest Rate on 5 Year Recurring Deposit Scheme
1 year, 2 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, 3 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 …

Top government savings schemes to help grow your wealth: Check which one is best for you
1 year, 8 months ago

Top government savings schemes to help grow your wealth: Check which one is best for you

India TV News  

Best Govt Saving Schemes: In India, the government has established several savings schemes to incentivize individuals to invest their money and cultivate a culture of saving. Here are top ten government saving schemes that would help you grow your wealth: Public Provident Fund : One of the most popular savings schemes in India, PPF offers tax-free returns on investments with …

Govt Hikes Interest Rates On Small Savings Schemes By Up To 70 bps for April-June 2023; Latest Rates
1 year, 8 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 …

5 Post Office Saving Schemes That Offer Tax Benefits Under Section 80C
1 year, 8 months ago

5 Post Office Saving Schemes That Offer Tax Benefits Under Section 80C

News 18  

You might have heard people discussing several post office saving schemes. Furthermore, these schemes also offer tax benefits up to Rs 1.5 lakh under Section 80C of the Income Tax Act. Let us take a look at five post office saving schemes and you can select the one that suits your investment objectives in the best way. Investment of up …

Budget 2023 | Senior citizen scheme limit doubled to ₹30 lakh
1 year, 10 months ago

Budget 2023 | Senior citizen scheme limit doubled to ₹30 lakh

The Hindu  

Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to ₹30 lakh and Monthly Income Account Scheme to ₹9 lakh. "The maximum deposit limit for Senior Citizen Savings Scheme will be enhanced from ₹15 lakh to ₹30 lakh," the minister said in her 87-minute long speech. She also proposed that the maximum …

Interest Rate Hike On Post Office Time Deposits, Senior Citizen Savings Schemes, NSC Applicable From Today. Check Details
1 year, 11 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
1 year, 11 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 …

National Saving Certificate scheme: Invest Rs 10 lakh in this scheme to get Rs 14 lakh in 5 years
2 years, 1 month ago

National Saving Certificate scheme: Invest Rs 10 lakh in this scheme to get Rs 14 lakh in 5 years

Firstpost  

Want to invest your money in a plan that gives you assured returns with minimal risk involved? The National Saving Certificate scheme offered by the Post Office gives substantial returns to investors quickly. Premature closure of NSC account: The closure of NSC is possible before the completion of five years in some cases, such as: Death of either the single …

Small Savings Vs Bank Deposits. Banks Continue To Remain Preferred Choice For Customers: Report
2 years, 1 month ago

Small Savings Vs Bank Deposits. Banks Continue To Remain Preferred Choice For Customers: Report

ABP News  

The government recently announced a hike in interest rates for small savings schemes after keeping the rates stagnant for nearly two years. In comparison, post office savings deposits under the small savings scheme have remained very low at just Rs 2.3 lakh crore. However, here again, the ratio of savings deposits under small savings to banks, has inched up from …

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

PPF, NSC, Sukanya Samridhhi Account Offering Better Returns Than Bank FDs? Check Details
2 years, 3 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 …

Get Rs 2.78 Lakh Return in 5 Years by Investing Rs 2 Lakh in This Scheme; Income Tax Benefits Extra
2 years, 5 months ago

Get Rs 2.78 Lakh Return in 5 Years by Investing Rs 2 Lakh in This Scheme; Income Tax Benefits Extra

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 National Savings Certificate, 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. National Savings Certificate: Features, Benefits and Eligibility …

PPF, Senior Citizen Scheme, Others: Want to Invest? Check How Much Return You Will Get
2 years, 5 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 …

EPF Interest At 4-Decade Low: Here're Current Rates Offered By PPF, NSC, Kisan Vikas Patra
2 years, 6 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, NSC, small savings schemes interest rates announced | Check full list
2 years, 8 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 …

Post Office Scheme: Invest Rs 10,000 Each Month and Get Rs 16 Lakh Return at Maturity
2 years, 9 months ago

Post Office Scheme: Invest Rs 10,000 Each Month and Get Rs 16 Lakh Return at Maturity

News 18  

Post Office Recurring Deposit Account: Investing in Post Office schemes is something that one treats as the most reliable and safest way to keep their money. While investing in Fixed Deposits or Savings Accounts at banks is one option, another great alternative investing your money through the Post Office Savings Scheme, or more specifically, the Post Office Recurring Deposit Account. …

Post Office Savings Scheme: Deposit Rs 70 Daily to Get Rs 1.5 Lakh at Maturity. See How
2 years, 10 months ago

Post Office Savings Scheme: Deposit Rs 70 Daily to Get Rs 1.5 Lakh at Maturity. See How

News 18  

Post Office Savings Scheme: Indian citizens, largely across the lower middle class and middle class sections, always rely on savings schemes that guarantee an ensured returns at the time of maturity so that none of their hard-earned money is lost. Apart from those targetted at particular groups, the post office also provides savings schemes such as Recurring Deposits, where the …

Post Office Savings Scheme: Get Rs 16 Lakh Return By Investing Rs 10,000 per Month
3 years, 3 months ago

Post Office Savings Scheme: Get Rs 16 Lakh Return By Investing Rs 10,000 per Month

News 18  

When one thinks of investing money in a safe and reliable way, the first thing that often comes to mind is the use of Fixed Deposit accounts or Savings accounts with your banks. You should consider investing your money through the Post Office Savings Scheme, or more specifically, the Post Office Recurring Deposit Account. The Post Office Recurring Deposit Account …

Did You Know Post Office Savings Account Interest Up To Rs3,500 Is Tax Exempted? Check Other Details Here
3 years, 5 months ago

Did You Know Post Office Savings Account Interest Up To Rs3,500 Is Tax Exempted? Check Other Details Here

ABP News  

New Delhi: Did you know that interest earned on a post office savings account of up to Rs 3,500 in a financial year is tax exempted? The interest rate on the savings account of the State Bank of India is 2.7 percent while a post office savings account offers you 4 percent interest. The interest on the post office savings …

This Post Office Savings Scheme Offers 6.8% Return Per Annum. Details Here
3 years, 6 months ago

This Post Office Savings Scheme Offers 6.8% Return Per Annum. Details Here

News 18  

In the testing times of COVID-19 pandemic earning and mere savings may not be enough to deal with the crisis. Under NSC, the depositors will get an interest rate of 6.8 per cent on their deposited money in Post Office banks. In the NSC scheme, 6.8 per cent of interest on depositor?s money will be compounded annually. If a depositor …

Looking For Good Returns? Invest in These 3 Schemes: Know Features, Benefits Here
3 years, 8 months ago

Looking For Good Returns? Invest in These 3 Schemes: Know Features, Benefits Here

News 18  

If you are someone who is looking to invest their money but are also not sure about taking the risk of the stock market and other plans, it may be tough for you to manage your investments. The Sukanya Samriddhi Account, Senior Citizens Savings Scheme, and Public Provident Fund offer the highest return rates in the basket of small saving …

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, 8 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 …

Interest Rate on PPF, NSC, Other Small Savings Schemes Unchanged for Q4
3 years, 11 months 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 …

PPF, SSY and Kisan Vikas Patra: What are 'Small Saving Schemes' and their Importance?
4 years ago

PPF, SSY and Kisan Vikas Patra: What are 'Small Saving Schemes' and their Importance?

News 18  

The general excuse for most middle-class families for not saving enough is that the earning is not remotely enough that one can think about stashing something away as savings. It is for these people we have the Small Savings Schemes like the Sukanya Samridhi Yojana, Public Provident Fund, Kisan Vikas Patra and National Savings Certificate. This scheme provides a maximum …

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