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Authorities raises rates of interest on PPF, NSC and Sukanya Yojna, now get extra income – rate of interest small financial savings schemes and PPF hiked know in Hindi – jj
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Authorities raises rates of interest on PPF, NSC and Sukanya Yojna, now get extra income – rate of interest small financial savings schemes and PPF hiked know in Hindi

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Government raises interest rates on PPF, NSC and Sukanya Yojana, now get more profits

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Updated: September 20, 2018, 12:18 PM IST

The government Small savings schemes For example, the interest paid on a scheme like NSC and Public Provident Fund (PPF) has increased to 0.30-0.40 per cent for the October-December quarter. Profit will get.

Let the government know that the interest rate interest rate is calculated every quarter on the Small Savings Scheme (small savings schemes). It depends on the government when it changes its way. Make it clear that it is not necessary that the government changes every quarter. (Read also: VIDEO: The bank has changed the deposit with the rules, let's know RBI's new decision)

Now more profit-Interest rates of five years fixed deposits, recurring deposits and senior citizens savings schemes have been increased to 7.8 percent, 7.3 percent and 8.7 percent, respectively. However, interest rate for savings deposit is 4 percent.

Now the existing 7.6 percent on PPF and NSC will get an interest rate of 8 percent now. The farmer development letter will now get interest at 7.7 percent and it will now mature in 112 weeks.The revised interest rate for Sukanya prosperity accounts will be 8.5 percent. Interest rate on fixed deposit of one to three years has been increased by 0.3 percent.

New interest rates for small savings schemes

>> Public Provident Fund (PPF interest rate): 8%>> Sukanya Samriddhi Scheme Interest Rate: 8.5%
>> Senior Citizens Savings Scheme Interest Rate: 8.7%
>> National Savings Certificate (NSC) Interest Rate: 8%
Know the 500's note in your pocket, is real or fake?

>> Kisan Vikas Patra (KVP) Interest Rate: 7.7%

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