The interest rates for popular PPF and savings deposits too have been retained at 7.1 per cent and 4 per cent, respectively
The government has reset interest rates on some of the small saving instruments for January-March 2024 quarter. Interest rates on Sukanya Samriddhi sc
The government announces interest on PF on an annual basis. Foe 2022-23, interest rate of 8.15% has been declared.
The government has made several major changes providing relief to investors in small savings schemes, including nominating NRIs for government savings
July to September. Interest rates on many small savings schemes have been increased by 10 to 30 basis points.
If you park your money in post office FD for five years, it will give you 6.7% return.
Post office small savings schemes offer attractive interest rate and are also considered safe and secure
The government did not cut the rate of interest on small savings instruments for July-September quarter
Secured loans levy lower interest rates compared with unsecured loan options such as personal loan and credit card
A sharp cut in interest rates on small saving schemes will end up punishing the common man. The schemes are generally used by those who are not savvy