Small Savings Schemes

Labour ministry keen to retain 8.65% interest rate on employees provident fund deposits for 2019-20

The labour ministry is keen to retain an interest rate of 8.65 percent paid on provident fund deposits to around six crore subscribers of retirement fund body EPFO for the current financial year, a source said

Small savings schemes: Govt keeps interest rates unchanged for January-March quarter

The government on Tuesday kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the fourth quarter of 2019-20 despite moderating bank deposit rates

Govt cuts interest rates of small savings schemes by 10 bps for July-September quarter

Schemes that will fetch lower interest are Kisan Vikas Patra (KVP), Public Providend Fund (PPF), among others

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

EPFO has enough surplus to hike interest rate to 8.65% for FY19; hope the Finance Ministry does not put roadblocks

The EPFO had provided a five-year low rate of interest of 8.55 percent to its subscribers for 2017-18

Small savings schemes: Govt keeps interest rates unchanged for Apr-June quarter on NSC, PPF, KVP

The government has kept the interest rates on small savings schemes, including NSC and PPF, unchanged for the April-June quarter

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

Small savings interest rates may not go up in Apr-June, hints finance ministry

For the January-March quarter, the government had reduced interest rates on small saving schemes by 0.2 percentage points

Govt proposes permitting premature closure of PPF account for medical emergencies, higher education needs

The government proposes to allow premature closure of Public Provident Fund (PPF) accounts and permit opening of small savings accounts in the name of minor, the finance ministry said