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Large information for individuals who put cash in Sukanya, PPF, NSC! Authorities can take this resolution on September 30- submit workplace small saving scheme rates of interest could down 10 bps advantages ppf nsc sukanya samriddhi yojana new charges | Enterprise – Information in Hindi

Big news for those who put money in Sukanya, PPF, NSC! Government can take this decision on September 30

The Narendra Modi government at the Center will decide on the interest rates of all Small Saving Schemes including NSC and PPF by 30 September.

The Narendra Modi government at the Center will decide on the interest rates of all Small Saving Schemes including NSC and PPF by 30 September.

  • News18
  • Last Updated:
    September 29, 2019, 9:29 AM IST
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new Delhi. The Narendra Modi government at the Center will decide on the interest rates of all Small Saving Schemes including NSC and PPF by 30 September. According to media reports, the interest rates on the small savings scheme can be reduced by 10 basis points i.e. 0.10 per cent. This deduction will be applicable for the October to December quarter. Let us tell you that the interest rate of the Small Savings Scheme (Small Savings Scheme) is on a quarterly basis. It is up to the government to make changes in it. Make it clear that the government does not necessarily make changes every quarter.

Interest rates may be reduced English business website Livemint According to the news published in the PPP, NSC, KVP interest rates may be cut for the third quarter of the current financial year i.e. October to December. For the July to September quarter, the government has already cut 0.10 per cent on PPF and other small savings schemes. The interest rates on small savings schemes are reviewed periodically.

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post office small saving scheme interest rates may down 10 bps benefits ppf nsc sukanya samriddhi yojana new rates "width =" 875 "height =" 583Current interest rates of small savings schemes
>> National Saving Certificate (National Saving Certificate) NSC Interest Rate: 7.9 percent
>> Public Provident Fund (PPF interest rate): 7.9 percent

>> Sukanya Samriddhi Scheme Interest Rate: 8.4%
>> Senior Citizens Savings Scheme Interest Rate: 8.6%
>> Kisan Vikas Patra (Kisan Vikas Patra (KVP) Interest Rate): 7.6%

Why this decision will be made It is believed that after adding the interest rate to the RBI benchmark, banks are also reducing interest rates. Recently, banks have also reduced interest rates on fixed deposits. In such a situation, interest rates can also be reduced on small savings.

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Interest rates are to be fixed for the October to December quarter at the end of September. For the July to September quarter, the government has already cut 0.10 per cent on PPF and other small savings schemes.

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First published: September 29, 2019, 6:15 AM IST


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