Senior Citizens Savings Scheme
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All Stories for Senior Citizens Savings Scheme
Govt cuts interest rate on NSC, PPF and other small savings schemes by 0.1% for July-September quarter
•The government on Friday reduced the interest rate on small savings schemes, including NSC and PPF, by 0.1 percent for the July-September quarter
Hike in small savings rates: Govt may reduce market borrowing in second of FY18, says report
•Interest rates for small savings schemes are notified on a quarterly basis.
Govt hikes interest rate on NSC, PPF, other small savings schemes by up to 0.4% for October-December quarter
•Public Provident Fund (PPF) and National Savings Certificate (NSC) will fetch an annual interest rate of 8 percent as compared to existing 7.6 percent, while Kisan Vikas Patra (KVP) will yield 7.7 percent and mature in 112 months as against 118 months in the previous quarter.
Govt keeps small savings schemes' interest rates unchanged for July-September quarter
•Interest rates for small savings schemes are notified on a quarterly basis
Your NSC, PPF returns to dip next quarter as govt cuts rates by 20 bps; banks may cut deposit rates
•PPF and NSC will fetch a lower annual rate of 7.6 percent while KVP will yield 7.3 percent and mature in 11 months.
Govt to revise small savings rate by month end
Fp Archives •The government may leave the interest rates on Senior Citizen's Savings Scheme and Sukanya Samriddhi Accounts unchanged.