Page 2 - Small Savings Schemes

Small saving schemes: Highest interest rate is 8.2 per cent. Details here

If you are investing for specific long-term goals, such as your children's education or marriage, small savings schemes may be the ideal option. Fixed deposits are better suited for short-term goals

Net collections under small savings schemes dip for first time in 11 years

The top 5 states with the highest net collections in FY23 were West Bengal, Maharashtra, Uttar Pradesh, Tamil Nadu, and Karnataka

Govt raises rates on select small savings schemes for July-Sept quarter

Small savings rate for the five-year recurring deposit was raised by 30 bps to 6.5 per cent

Small savings schemes interest rates hiked by 30 bps for July-Sept quarter

Interest rates on term deposits for three years and five years have been retained at 7 per cent and 7.5 per cent

Senior citizens scheme sees investment of over Rs 10,000 crore in April

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

Small savings schemes: Pay heed to return, taxation, and lock-in

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

Govt hikes interest rates on most small savings schemes by up to 70 bps

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

Centre may announce Aadhaar-based KYC norms for small savings schemes

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

'Govt schemes not for votebank, but a medium to achieve self-reliance'

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

Small savings are an attractive option for investors in lower tax brackets

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

Finance Ministry sharply raises small savings rates for March quarter

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

From PPF to Sukanya Samriddhi, a look at the best small-savings schemes

A Jamaican proverb reads: Save money and money will save you. In line with this, we bring you the three most attractive small saving schemes that you may consider investing in >

PPF and Sukanya Samriddhi are most attractive in small-savings basket

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

Some small savings schemes see up to 30-basis point hike for Q3 of FY23

National Savings Certificate, Public Provident Fund rate kept unchanged

Small savings rate may remain unchanged for Oct-Dec qtr despite RBI moves

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

West Bengal's share in small savings rises to highest since pandemic began

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

Returns on small savings remain attractive despite no rate reviews

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

Govt keeps interest rates on small savings schemes unchanged for Q2FY23

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

Govt keeps interest rate of small savings schemes unchanged for Q1FY23

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

Top headlines: PPF, NSC interest rates unchanged; SpiceJet settles dispute

Business Standard brings you the top headlines on Thursday