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Tag: 5-year recurring deposit

Government Increases Interest Rate On Small Savings Scheme From 6.5% To 6.7%

Posted on September 30, 2023 By admin
Government Increases Interest Rate On Small Savings Scheme From 6.5% To 6.7%

The interest has been hiked from 6.5% to 6.7%. The government on Friday increased the interest rate on five-year recurring deposit scheme by 20 basis points for the October-December quarter. The interest has been hiked from 6.5% to 6.7%. All other small savings instruments will offer the same interest rates. The revised rates were notified…

Read More “Government Increases Interest Rate On Small Savings Scheme From 6.5% To 6.7%” »

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