Post Office Savings Scheme: If you also have an account in the post office or if you have also invested money in the Small Savings Scheme, then there is great news for you. The Central Government has increased the interest rates in this quarter. So before investing money once, check that how much benefit you will get in which government scheme.
Lakhs of people will get big benefit
From October 1, 2022, interest rates have increased, but the government has increased interest rates only on certain schemes. Let us tell you that from now on which scheme you can take advantage of more interest.Â
According to a notification of the Finance Ministry, people in the Senior Citizen Savings Scheme will get 7.6 per cent interest during the October-December period with an increase of 20 basis points instead of 7.4 per cent. On the other hand, in Kisan Vikas Patra, people will now get 7 percent interest instead of 6.9 percent.
Small Savings Scheme Interest Rate –Â
– Savings Deposit – 4%
– 1 Year Time Deposit – 5.5%
– 2 Year Time Deposit – 5.7%
– 3 Year Time Deposit – 5.8%
– 5 Year Time Deposit – 6.7%
– 5 Yearly Recurring Deposit – 5.8%
– Senior Citizen Savings Scheme – 7.6%
– Monthly Income Account Scheme – 6.7%
– National Savings Certificate – 6.8%
– PPF – 7.1 percent
– Kisan Vikas Patra – 7%
– Sukanya Samriddhi Scheme – 7.6%
