If you are not happy about fixed deposits rate currently offered by Banks, then you can save in following small saving schemes offered by Government of India.
Rates are further reduced w.e.f 1 APRIL 2016, including popular scheme such as 5 year senior citizen scheme from 9.3% to 8.6% and PPF public provident fund reduced from 8.7% to 8.1% to discourage people to save money in these tax saving instruments to ensure flow of money in the economy as these funds have 5 years lock in period.
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| Small Saving Scheme Rate of Interest |
Wednesday, July 6, 2016
PPF | SUKANYA SAMRIDDHI | TAX SAVING SCHMES | KISAN VIKAS PATRA RATE OF INTEREST
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