Curiosity introduced for Small Financial savings Scheme, know the way a lot curiosity will likely be acquired in April-June quarter – India TV Hindi

Authorities , stated on Thursday that there was no change within the rates of interest of varied small financial savings schemes for the primary quarter of the subsequent monetary 12 months ranging from April 1, 2024. Like earlier than, 7.1 % curiosity will proceed to be given on Public Provident Fund (PPF). In keeping with the Finance Ministry’s notification, “Rates of interest on varied small financial savings schemes for the primary quarter (April-June) of the monetary 12 months 2024-25 would be the identical because the charges notified for the fourth quarter (January-March, 2024).”

There isn’t any change within the curiosity of Sukanya Samriddhi Yojana

Below Sukanya Samriddhi Yojana, curiosity on deposits will likely be 8.2 %, whereas curiosity on three-year mounted deposits will likely be 7.1 %. Rates of interest on PPF and submit workplace financial savings deposits have additionally been maintained at 7.1 % and 4 % respectively. The rate of interest on Kisan Vikas Patra will likely be 7.5 % and this funding will mature in 115 months.

7.7 % curiosity will likely be out there on NSC

The rate of interest on Nationwide Financial savings Certificates (NSC) will likely be 7.7 % for the interval April 1 to June 30, 2024. The rate of interest for the month-to-month revenue scheme will likely be 7.4 % like the present quarter. The federal government notifies rates of interest payable on small financial savings schemes operated primarily in submit places of work each quarter.

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