Zee Media Bureau


COMMERCIAL BREAK
SCROLL TO CONTINUE READING

New Delhi: Government has kept interest rates unchanged for various small savings schemes for the July-October quarter of 2016-17 fiscal.


In February this year, the Finance Ministry had announced that small savings rate will be set quarterly to align them with market rate of government securities.


Accordingly, the rates of interest on various small savings schemes for the second quarter of financial year 2016-17, on the basis of the interest compounding/payment built-in in the schemes, shall be as under: