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PPF interest rate News

Small savings schemes

29 Sep 2023

Centre Announces Interest Rate For Small Savings Schemes For October Quarter

This decision will directly impact millions of citizens across India who have invested in various small savings schemes. Some popular schemes include the Senior Citizen Savings Scheme, Monthly Income Account Scheme, National Savings Certificate, Public Provident Fund Scheme, Kisan Vikas Patra, Sukanya Samriddhi Account Scheme, among others.

Public Provident Fund

20 Nov 2022

PPF Calculator: Rs 5000/month can return over Rs 1.05 cr. Check details here

The government is offering a return of 7.1 per cent on PPF. The PPF interest rate is subject to change every quarter as per the government's directive. The PPF also offers income tax exemptions under Section 80C of the Income Tax Act 1961.

Public Provident Fund

19 Apr 2022

Want to become a crorepati via investments in PPF? Here’s how to do it

One of the most significant benefits of the PPF is that it provides a guaranteed tax-free return. PPF rules provide that an annual investment of up to Rs 1.5 lakh qualifies for a tax credit under Section 80C of the Income Tax Act 1961. PPF will yield a 7.1 percent return in the current quarter.

post office scheme

05 Nov 2021

THIS Post Office scheme will make you a millionaire; here’s how

The interest rate on the Public Provident Fund (PPF) is 7.1 percent compounded annually. This scheme has a 15-year maturity period, but it can be extended for additional 5 to 5 years. Instead of depositing Rs 1.50 lakh in a year, you can alternatively deposit Rs 12,500 per month.

Public Provident Fund

31 Oct 2021

PPF: Invest Rs 7500 to become a crorepati after retirement; here’s how

You can invest up to Rs 1.5 lakh in a PPF account in a year, or Rs 12,500 per month. 7.1% interest is available on PPF As a result, after 15 years, the total value of a monthly investment of Rs 12500 will be Rs 40,68,209.

16 Feb 2016

Interest on PPF, NSC left unchanged; cut by 0.25% on Kisan Vikas Patra, 5-year RD

Government on Tuesday cut interest rates on small savings of 1, 2, 3 year term deposits; Kisan Vikas Patra and 5-year Recurring Deposit by 0.25 percent.

Samll saving scheme

12 Feb 2016

Short term savings schemes to fetch lower returns from April

Its bad news for investors! The interest rates on small savings schemes like NSC and some post office schemes with maturity up to five years are set to fall from April onwards.

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