Union Government Keeps Interest Rates Unchanged on Small Savings Schemes

Posted on:30 Sep 2017 13:12:34
Union Government Keeps Interest Rates Unchanged on Small Savings Schemes
30 September 2017 Current Affairs: The Small Saving Schemes like PPF, Kisan Vikas Patra and Sukanya Samriddhi for October-December quarter. Investments in the Public Provident Fund (PPF) scheme will fetch annual rate of 7.8 percent while Kisan Vikas Patra (KVP) investments will yield 7.5 percent and mature in 115 months.

The one for girl child savings, Sukanya Samriddhi Account Scheme will offer 8.3 percent annually.

Similarly, the investment on 5-year Senior Citizens Savings Scheme will yield 8.3 percent.

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