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Top News In Senior Citizen Savings Schemes Today - Breaking & Trending Today

Will PPF interest rate be finally hiked in 2024 after remaining unchanged since April 2020?

PPF, Senior Citizen Savings Scheme, and Sukanya Samriddhi Account: Interest rates of small savings schemes are due for revision at the end of this month. The interest rates of small savings schemes are linked to yields of 10-year Government Securities in the secondary market. There are set formulae for mark-ups over the previous three months average yield of relevant G-Secs of comparable maturity. Let s see if you are in for a New Year bonanza from the Central Government this time. ....

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recurring deposit | Centre marginally increases interest rate on five-year recurring deposit scheme

According to a finance ministry circular, interest rate on savings deposits has been retained at 4 per cent and on the one-year term deposit at 6.9 per cent ....

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Will PPF, Sukanya Samriddhi, Senior Citizen Savings Scheme, other small savings schemes' interest rates increase in December quarter?

The Central Government reviews the interest rates of small savings schemes every quarter based on the G-Secs yields of the previous three months. To know whether there will be a hike in post office schemes for the October-December quarter, you need to understand how the interest rates are calculated first. There are set formulae for mark-ups over the previous three months average yield of relevant G-Secs of comparable maturity. Find out what experts suggest. ....

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Deadline to Link Aadhaar, PAN With Small Saving Schemes Ends in 10 Days: Here's What Happens if You Don't Link

As per the notification from the Ministry of Finance, if investors fail to link their Aadhaar and PAN with the PPF, NSC, or SCSS within the deadline, it will result in the freezing of their investments. ....

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NSC: Take note! PPF, NSC, Senior Citizen Savings Scheme accounts may be frozen if Aadhaar details not submitted by this date

The Ministry of Finance has made Aadhaar and PAN (Permanent Account Number) mandatory for PPF, NSC, and various small savings plans, as announced in a ....

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