Wednesday, October 5, 2022

If money is invested in schemes like Sukanya Samriddhi or PPF, then the government will give good news to crores of people, there will be a big change from next month!

Small Savings Scheme:  If you have also invested money in the interest rate of the small savings scheme, then you can soon get great news from the central government. After the announcement of the government, you can get more benefits by keeping money in this scheme. Let us tell you that investors who invest money in small savings schemes like Public Provident Fund (PPF) and Sukanya Samriddhi Yojana will get the benefit.

There may be an increase
The interest rates of the small savings scheme are reviewed quarterly by the central government in interest. It is believed that in the month of October i.e. before Diwali, the government can give good news to lakhs of investors. In the October-December quarter, the government may increase interest on small savings schemes.

Interest rates have not changed for 27 months,
The interest of these schemes is reviewed every quarter by the central government, but since the Corona period, no changes are being made continuously in the interest of these schemes. For the past 27 months, interest rates have not changed.

What is being expected?
Let us remind you that interest rates last changed in April through June 2020. It is believed that due to an increase in the yield of government securities (G-Sec), interest rates may increase this time. Explain that on the basis of these bonds, the government cuts or increases the interest rates.

Read More: More interest is now being paid on RBL Bank savings accounts: Compared to FDs, starting an account here will earn you more interest; view the current rates.

At present, how much is the benefit on which scheme

– Public Provident Fund (PPF) – 7.1 percent
National Savings Certificate (NSC) – 6.8 percent
Senior Citizen Savings Scheme (SCSC) – 7.4 percent
Sukanya Samriddhi Yojana (SSY) -7.6 percent
RD for 5 years – 5.8%
One Year Fixed Deposit Scheme -5.5%
Savings Deposit Interest Rate – 4%
Fixed deposit interest rate for 1 to 5 years – 5.5-6.7%

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