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Small savings interest rates unchanged for Q3: Statement
The Business Guardian
|October 01, 2024
The central government has kept the interest rates unchanged on various small savings schemes for the October-December quarter, according to an official notification from the Ministry of Finance.
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The interest rates on small savings schemes are typically reviewed every quarter by the government.
For the Public Provident Fund (PPF), one of the most popular small savings schemes, the interest rate will continue to be 7.1 per cent. This scheme is widely favored due to its tax benefits and long-term savings potential.
This story is from the October 01, 2024 edition of The Business Guardian.
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