Stay Connected. Stay Informed.
Small Savings Schemes, kown as Post Office Savings Schemes, are a popular and useful means for people for channelising savings. Credit quality is top-notch as it is run by the government, and interest rates are competitive. Interest rates are fixed by the government every quarter e.g. the rates for the current quarter, April to June…
Image used for representational purpose only. | Photo Credit: Getty Images The government has raised the returns on five-year recurring deposits from 6.5% to 6.7% for the October to December 2023 quarter, but left the returns on all other Small Savings schemes unchanged. While this constitutes the fifth successive hike in the returns on select…
Read More “Rate on one of 12 Small Savings schemes hiked for Q3” »