Saving Scheme Certificate

The government on Friday raised interest rates on select saving schemes by up to 0.3 per cent for the July-September quarter in line with the high-interest rates in the banking system.

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well.

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 second quarter

Government had reduced the interest on Small Savings Schemes with effect from April 1, 2021.

Interest rates on small savings schemes, including National Savings Certificates or NSC and Public Provident Fund or PPF, received a huge cut of up to 1.1 per cent for the first quarter of 2021-22 in a massive blow to middle-class depositors.

Income tax benefits are available on Time Deposit (TD), Senior Citizen Savings Scheme (SCSS), Public Provident Fund (PPF) and National Savings Certificates (NSCs).

In the five-year National Savings Certificate scheme, an investment of Rs 1,000 grows to Rs 1,389.49 at maturity, according to India Post.

NSC interest rate: The minimum amount required for opening an NSC account is Rs 1,000 and in multiple of Rs 100 thereof and there is no maximum limit for amount that can be invested in an NSC account.

Currently, the interest rates applicable to the nine schemes - which include theMonthly Income Scheme (MIS) and the Kisan Vikas Patra certificates - are revised by the government every quarter.

National Savings Certificates (NSC): For the quarter ending March 31, the government has retained the interest rates at existing levels.

Kisan Vikas Patra (KVP) Scheme: For the quarter ending March 31, the government last month retained the interest rates at existing levels.

Post office NSC interest rate: The scheme offers a return of 7.9 per cent, which is compounded annually but payable at maturity.

Post office interest rates: The government currently reviews the interest rates applicable to small savings schemes such as the 15-year Public Provident Fund (PPF), the Senior Citizen Savings Scheme, the National Savings Certificate and Sukanya Samriddhi on a quarterly basis. Public Provident Fund (PPF) investments will fetch interest at the rate ...

India Post, which operates a network of more than 1.5 lakh post offices across the country, offers nine options under its small savings scheme portfolio. These include fixed deposit or time deposit (available in four options of maturities), recurring deposit, Public Provident Fund (PPF), Senior Citizen Savings Scheme, National Savings Certificate a...

The government on Friday reduced interest rate on small savings schemes, including National Savings Certificate (NSC) and PPF, by 0.1 per cent.

The government on Friday raised interest rates on select saving schemes by up to 0.3 per cent for the July-September quarter in line with the high-interest rates in the banking system.

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well.

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 second quarter

Government had reduced the interest on Small Savings Schemes with effect from April 1, 2021.

Interest rates on small savings schemes, including National Savings Certificates or NSC and Public Provident Fund or PPF, received a huge cut of up to 1.1 per cent for the first quarter of 2021-22 in a massive blow to middle-class depositors.

Income tax benefits are available on Time Deposit (TD), Senior Citizen Savings Scheme (SCSS), Public Provident Fund (PPF) and National Savings Certificates (NSCs).

In the five-year National Savings Certificate scheme, an investment of Rs 1,000 grows to Rs 1,389.49 at maturity, according to India Post.

NSC interest rate: The minimum amount required for opening an NSC account is Rs 1,000 and in multiple of Rs 100 thereof and there is no maximum limit for amount that can be invested in an NSC account.

Currently, the interest rates applicable to the nine schemes - which include theMonthly Income Scheme (MIS) and the Kisan Vikas Patra certificates - are revised by the government every quarter.

National Savings Certificates (NSC): For the quarter ending March 31, the government has retained the interest rates at existing levels.

Kisan Vikas Patra (KVP) Scheme: For the quarter ending March 31, the government last month retained the interest rates at existing levels.

Post office NSC interest rate: The scheme offers a return of 7.9 per cent, which is compounded annually but payable at maturity.

Post office interest rates: The government currently reviews the interest rates applicable to small savings schemes such as the 15-year Public Provident Fund (PPF), the Senior Citizen Savings Scheme, the National Savings Certificate and Sukanya Samriddhi on a quarterly basis. Public Provident Fund (PPF) investments will fetch interest at the rate ...

India Post, which operates a network of more than 1.5 lakh post offices across the country, offers nine options under its small savings scheme portfolio. These include fixed deposit or time deposit (available in four options of maturities), recurring deposit, Public Provident Fund (PPF), Senior Citizen Savings Scheme, National Savings Certificate a...

The government on Friday reduced interest rate on small savings schemes, including National Savings Certificate (NSC) and PPF, by 0.1 per cent.