Web4 hours ago · Along with the SCSS deposit limit, the Centre has also increased the SCSS interest rate to 8.2% for the April-June quarter of the new financial year 2024-24. In the … WebSep 29, 2024 · The interest rates on the various instruments now range from 4 percent to 7.6 percent, according to a statement on September 29. The small savings interest rates, while set by the...
Small savings schemes
Web2 days ago · The government had recently announced a hike in small savings schemes' interest rates by up to 70 basis points (bps) for the April-June quarter. However, the Public Provident Fund (PPF), that ... WebApr 6, 2024 · You can earn up to 6% interest on your savings account. The savings account interest rate is higher than the fixed deposit interest rate of banks like SBI. Benefits of 3-in-1 IndusStox Account Zero balance bank account Higher savings account interest rate Free demat & trading account opening Online account opening Open Free IndusStox 3-in-1 … disney wiki it\u0027s a small world
Interest rates of small saving schemes for January 23 to March 23
WebApr 1, 2024 · For the last one year, yields on benchmark government bonds have ranged between 5.7% and 6.2%. This provides the government the leeway to cut rates on small savings schemes in future. While a lowering of interest rates will help the government reduce interest costs, it would hurt investors, particularly senior citizens and the middle … WebMar 22, 2024 · The Reserve Bank of India (RBI) has sought a further reduction in interest rates on small saving instruments (SSIs) for the first quarter of fiscal 2024-23 at a time when some banks have jacked up deposit rates. “The existing rates of interest on SSIs need to be reduced in the range of 9-118 bps for Q1 of 2024-23 to align them with the ... WebJan 27, 2024 · Jan 27, 2024. Between April and June 2024 in India, the savings scheme Sukanya Samriddhi Yojana generated an interest rate of 7.6 percent, closely followed by … cpam fourmies