Small Savings Schemes

Returns of some schemes remain unchanged throughout the tenure, but can fluctuate in the case of others

Rate on National Savings Certificate steeply raised by 70 bps, PPF kept unchanged

The simplified KYC, along with small savings rates for the April-June 2023 quarter, may be announced on March 31, the official said

Uttar Pradesh Chief Minister Yogi Adityanath urged educational institutions to create maximum awareness among the youth regarding the govt schemes, and said that schemes are not just for vote-bank

Though debt mutual funds are currently offer yields to maturity that are marginally higher than small savings

Small savings rates for 1-year time deposit (6.6 per cent), 2-year time deposit (6.8 per cent) and 3-year time deposit (6.9 per cent) were raised by 110 bps

Senior Citizens' Savings Scheme remains a must-have for those who need regular cash flows after retirement

National Savings Certificate, Public Provident Fund rate kept unchanged

If this happens, it will be the 10th straight quarter of status quo; govt official says Centre did not cut rates when policy rates were being cut during pandemic

Maharashtra has also seen an increase in net collections in recent years

Investors who want to avoid their long lock-in can choose from a host of other high credit quality options

The interest rate on small savings schemes has not been revised since the first quarter of 2020-21

Rising inflation rate and increasing chances of the RBI reversing its accommodative policy stance may have prevented the govt from cutting small savings rates

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The government on Thursday kept interest rates on small savings schemes, including NSC and PPF, unchanged for the first quarter of 2022-23 due to an elevated level of inflation.

The scheme also offers better returns than other most other investment avenues

Take into account tax benefit and payout frequency as well when selecting a scheme

Total assets under management (AUM) as on January 1, 2022 stood at Rs 6,99,172 crore, PFRDA said

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the fourth quarter as well