The interest rate for senior citizens savings scheme has been hiked to 8.2 per cent.However, the govt has kept the rate for PPF scheme unchanged for this period
Uniindia: New Delhi, Mar 31 (UNI) The government on Friday announced hike in interest rates on various small savings schemes such as Senior Citizens Savings scheme, Sukanya Samriddhi Account and National Savings Certificate by upto 70 basis points for April-June quarter (Q1) of financial year 2023-24.
Small savings schemes such as PPF, Sukanya Samriddhi, and Senior Citizens Savings Scheme will continue to receive the same interest rates from July to September this year.
PPF, Senior Citizen Savings Scheme, Sukanya Samriddhi Interest rates may increase this year, know details - Since a long time, these small savings schemes have not seen a hike in interest rates.