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Small savings schemes News

17 Apr 2022

PPF vs Bank FDs: Which one is offering better returns? Details here

Small Savings Schemes are government-managed savings vehicles designed to encourage residents to save consistently. Saving certificates such as National Saving Certificates and Kisan Vikas Patra are also included. The interest rate on savings accounts at the post office is 4% per year.

28 Mar 2022

Cash payment rules on PO interest changing from April 1, all you want to know

Post Office Savings Schemes new rules. Cash payment rules on interest payment changing from April 1. Know important deadlines.

21 Mar 2022

Why linking various small savings a/c with bank is critical before March 31

Post Office Savings Schemes new rules. Cash payment rules on interest payment changing from April 1. Know important deadlines.

15 Mar 2022

Post Office Savings Schemes cash payment rules on interest changing from April

Post Office Savings Schemes new rules. Cash payment rules on interest payment changing from April 1. Know important deadlines.

Small savings schemes

01 Apr 2021

Central government withdraws decision to reduce interest rates on small savings schemes

After hours of reducing interest rates on small savings schemes, the central government has decided to withdraw the order. Finance Minister Nirmala Sitharaman said in a tweet on Thursday that the interest rates of the government's small savings schemes will continue to be similar to the last quarter of 2020-21.

Interest rates hike

21 Sep 2018

Hike in small savings rates: Govt may reduce H2 market borrowing

Interest rates for small savings schemes are notified on a quarterly basis.

Small savings schemes

20 Sep 2018

PPF, NSC to now fetch interest rate of 8%

Interest rates for small savings schemes are notified on a quarterly basis.

Small savings schemes

12 Feb 2018

Interest rates vary on Small savings schemes, SCSS – Know here

The revision in interest rates does not affect old investments except for PPF and SSY.

Small savings schemes

27 Dec 2017

Small savings schemes: Govt cuts interest rates on PPF, NSC to 7.6%

The girl child savings scheme Sukanya Samriddhi Account will offer 8.1 percent from existing 8.3 percent annually.

23 Nov 2016

Demonetisation: Old Rs 500 and Rs 1,000 notes can be deposited in Post Office saving a/c

People can deposit the now- invalid Rs 500 and Rs 1000 denomination currency notes in their Post Office savings accounts, the Finance Ministry said Wednesday.

10 Jul 2016

Is it desirable to continue offering high interest rates on savings: Arun Jaitley

With private investment yet to pick up, Finance Minister Arun Jaitley on Saturday wondered whether it is desirable to continue offering high interest rates on savings that translate into higher cost of lending and sluggishness in the economy.

Small savings schemes

21 Jun 2016

Small savings schemes: Rate of interest for July-October quarter of FY 2016-17

Know the rate of interest on various small savings schemes for the July-October quarter of 2016-17 fiscal.

Small savings schemes

21 Jun 2016

No change in interest rates on small savings schemes for July-October quarter

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

National Small Savings Fund

13 Apr 2016

Interest rates for NSSF loan to Centre, states cut to 8.8%

With decline in interest rates on small savings, National Small Savings Fund (NSSF) loan rate to the Centre as well as states has also been lowered to 8.8 percent from 9.5 percent.

Small savings schemes

08 Apr 2016

Small Savings Shocker! Rates may be slashed again

Interest rates on these schemes may be slashed again in the coming few quarters with yileds on the government bonds coming down

Small savings schemes

01 Apr 2016

New Financial Year shocker: Interest rates on PPF, NSC, other small savings schemes to be lower from Friday

Interest rate on Public Provident Fund (PPF) scheme will be 8.1 percent for the period April 1 to June 30, down from 8.7 percent.

Post offices in India

31 Mar 2016

All post offices to conduct savings bank transactions till 10pm today

All post offices across the country shall conduct POSB (post office savings bank) transactions upto 2200 hrs on March 31, 2016.

Small savings schemes

21 Mar 2016

Cut in small savings rates 'win-win' for govt, banks: Nomura

The Centre's move to slash interest rates on all small savings schemes, is a "win-win" for the government and the banks, leading to a better monetary policy transmission, says a Nomura report.

Small savings schemes

21 Mar 2016

Must Know! New rate of interest on various small savings schemes

Know the new rate of interest on various small savings schemes for the first quarter of financial year 2016-17.

small savings rates

17 Feb 2016

Interest on short-term post office schemes, KVP and 5-year RD cut by 0.25%; PF to earn more

There will be no change in interest rate on long-term instruments like 5-year term deposit and similar tenure National Saving Certificates (NSC), Sukanya Samriddhi Yojana as well as Public Provident Fund (PPF).

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