Centre hikes interest rates on NSC, post office deposits; no change in PPF rate | Business News,The Indian Express

NSC will yield a 7 per cent interest rate from January 1, compared to 6.8 per cent at present.

However, the interest rates on Public Provident Fund (PPF) and the girl child savings scheme Sukanya Samriddhi has not been changed.

NSC will yield a 7 per cent interest rate from January 1, compared to 6.8 per cent at present. Similarly, the senior citizen savings scheme will give 8 per cent interest against 7.6 per cent currently.

Interest rates on Post office term deposit schemes of duration 1 to 5 years will rise by up to 1.1 percentage points.

The monthly income scheme too will yield 7.1 per cent interest, up from 6.7 per cent.

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https://indianexpress.com/article/business/centre-hikes-interest-rates-nsc-post-office-deposits-no-change-ppf-rate-8352905/

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