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Interest rates of PPF, NSC and other post office schemes kept unchanged by govt

Interest rates of PPF, NSC and other post office schemes kept unchanged by govt SECTIONS Last Updated: Jul 01, 2021, 12:04 PM IST Share Synopsis As per the circular, PPF will continue to earn 7.10%, the NSC will fetch 6.8%, and Post Office Monthly Income Scheme Account will earn 6.6%. Getty Images Good news for fixed income investors as the government has decided to keep the interest rates on small savings schemes unchanged for the quarter ending September 30, 2021. This is the fifth quarter in a row that the government has kept interest rates on various post office schemes such as Public Provident Fund (PPF), National Savings Certificates (NSC), Sukanya Samriddhi Yojana (SSY) and others unchanged. This means that investors in PPF and SSY will continue to earn the same interest rate as they were earning during the quarter ending June 30, 2021. New investments into these schemes will also earn the same interest rates as in the previous quarter.

Sukanya samriddhi yojanaVikas patraNational savings certificatesOffice monthly income schemeNational savings certificatePublic provident fundKotak mahindra bankPost office monthly income scheme accountSenior citizen savingsMonthly incomeNational savingsMahindra bankசுகன்யா சாமிரிட்தி யோஜனாவிகாஸ் பத்ராதேசிய சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇஎஸ்அலுவலகம் மாதாந்திர வருமானம் திட்டம்

Government Keeps Interest Rates On Small Savings Schemes Unchanged For Second Quarter

The interest rate on savings deposits will continue to be 4 per cent per annum New Delhi: In a relief to savers, the government on Wednesday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the second quarter of 2021-22 amid the COVID-19 pandemic. 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 second quarter as well. The rates of interest on various small savings schemes for the second quarter of the financial year 2021-22 starting from July 1, 2021, and ending on September 30, 2021, shall remain unchanged from the current rates applicable for the first quarter (April 1, 2021 to June 30, 2021) for FY 2021-22, the finance ministry said in a notification.

Sukanya samriddhi yojanaCentre keeps small savings interest rates unchangedNational savings certificatePublic provident fundProvident fundசுகன்யா சாமிரிட்தி யோஜனாதேசிய சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇபொது வருங்கால நிதிவருங்கால நிதி

DNA Explainer: Govt keeps small savings interest rates unchanged, what it means

DNA Explainer: Govt keeps small savings interest rates unchanged, what it means
dnaindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dnaindia.com Daily Mail and Mail on Sunday newspapers.

Sukanya samriddhi yojanaNational savings certificatePublic provident fundProvident fundசுகன்யா சாமிரிட்தி யோஜனாதேசிய சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇபொது வருங்கால நிதிவருங்கால நிதி

Govt keeps small savings rate unchanged for 2nd successive quarter of FY22

By siliconindia | Thursday, 01 July 2021, 03:24 Hrs The Centre has kept small savings rate unchanged for the July-September quarter to offer the common man relief from lower savings earnings amid the pandemic. With interest rates falling all across financial instruments, the government was widely expected to cut rate on small savings too. In fact, the Centre withdrew a decision to cut rates for the previous April-June quarter too fearing a backlash from savers. The decision on rate cut was withdrawn in the middle of voting for Assembly polls in West Bengal and Assam. The rate of interest on various small savings schemes for the second quarter of the financial year 2021-22 starting from July 1, 2021 and ending on September 30, 2021 shall remain unchanged from the current rates applicable for the first quarter (April 1 to June 30,2021) for FY 2021-22, a finance ministry office memorandum issued late on Wednesday night said.

Sukanya samriddhi yojanaVikas patraNational savings certificatePublic provident fundWest bengalProvident fundKisan vikas patraசுகன்யா சாமிரிட்தி யோஜனாவிகாஸ் பத்ராதேசிய சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇபொது வருங்கால நிதிமேற்கு பெங்கல்வருங்கால நிதிகீசன் விகாஸ் பத்ரா

Small saving schemes alert! PPF, Sukanya Samriddhi interest rates unchanged for next 3 months

Highlights Finance Ministry usually reviews the interest rates on small saving schemes every quarter. Sukanya Samriddhi Yojana will fetch a 7.6% interest rate annually. New Delhi: The Finance Ministry has decided not to revise the interest rates on small saving schemes for quarter three of the financial year 2021-2022. This means that interest rates on schemes such as Public Provident Funds (PPF), Senior Citizens Saving Schemes (SCSS), and National Saving Certificate (NSC), among others, remain unchanged for three months starting July 2021. For those uninitiated, small savings schemes are offered by the Government of India, banks or public financial institutions to encourage citizens to make small deposits for their future.

New delhiSukanya samriddhi yojanaParty at tiananmen squareNational saving certificateFinance ministryPublic provident fundsSenior citizens saving schemesIncome taxAlso readCommunist partyபுதியது டெல்ஹிசுகன்யா சாமிரிட்தி யோஜனாதேசிய சேமித்தல் சிஇஆர்டிஐஎஃப்ஐசிஏடிஇநிதி அமைச்சகம்பொது வருங்கால நிதிமூத்தவர் குடிமக்கள் சேமித்தல் திட்டங்கள்