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Govt relaxes norms for some small savings schemes

India Business News: NEW DELHI: The government has relaxed the norms for various small savings schemes, including the Public Provident Fund (PPF) and Senior Citizen's Savi.

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PPF: Govt relaxes norms for some small savings schemes

The government has eased the norms for several small savings schemes, including the Senior Citizen s Savings Scheme and the Public Provident Fund (PPF). For the Senior Citizen s Savings Scheme, the new rules extend the time to open an account to three months from the date of receipt of retirement benefits and proof of disbursal.

Vikas patraSukanya samriddhi yojanaPublic provident fundPublic provident fund amendment schemeOffice savingsNational savings certificateNational savings time depositDepartment of economic affairsSenior citizenSavings schemePost office savings accountTime depositEconomic affairsRecurring depositMahila samman saving certificateKisan vikas patra

Govt raises interest rate on 5-year recurring deposit to 6 7% for December quarter

India Business News: The central government on Friday raised interest rates on 5-year recurring deposit to 6.7% for the December quarter. The effective hike in the five-ye

Business newsSaving schemesKey interest ratesInterest rate

PPF vs Post Office Savings vs Bank Fixed Deposits: Comparing Latest FDs Interest Rates

Among the big banks, HDFC Bank is offering FD interest rates up to 7.75 percent, depending on the depositors age and the length of the deposit.

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Earn 4% interest on your lowest deposit with this Post Office savings scheme, know how

Indian Postal Department launches safe and rewarding saving schemes with attractive interest rates for depositors.

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