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In a notification issued on Friday, the finance ministry said that the interest rates of schemes like the Senior Citizen Savings Scheme, Monthly Income Savings Scheme, National Savings Certificate, Kisan Vikas Patra, all post office time deposits and Sukanya Samriddhi Account Scheme have been revised. ....
The senior citizens savings scheme s interest rate has increased to 8.2%. Nonetheless, the government has maintained the PPF scheme s rate at the same level for this time, i.e 7.1%. ....