The Public Provident Fund (PPF) interest rate has not changed from 7.1 percent notwithstanding changes to a few plans.
Delhi, New: The government has revealed the updated interest rates for a number of minor savings plans that will be available from January to March 2024 in an announcement made on December 29, 2023. Certain programs, like the three-year time deposit and the Sukanya Samriddhi Account Scheme, are expected to see an increase in interest rates as of March 31, 2024.
The Public Provident Fund (PPF) interest rate has not changed from 7.1 percent notwithstanding changes to a few plans.
Notably, the interest rates for the three-year time deposit and the Sukanya Samriddhi Account Scheme (SSAS) have increased by 20 basis points.
As of right present, the SSAS interest rate for the forthcoming January–March 2024 period is 8.2 percent. It’s critical to realize that one hundredth of a percentage point is represented by one basis point.
The Public Provident Fund (PPF) interest rate has not changed from 7.1 percent notwithstanding changes to a few plans.
Delhi, New: The government has revealed the updated interest rates for a number of minor savings plans that will be available from January to March 2024 in an announcement made on December 29, 2023. Certain programs, like the three-year time deposit and the Sukanya Samriddhi Account Scheme, are expected to see an increase in interest rates as of March 31, 2024.
The Public Provident Fund (PPF) interest rate has not changed from 7.1 percent notwithstanding changes to a few plans.
Notably, the interest rates for the three-year time deposit and the Sukanya Samriddhi Account Scheme (SSAS) have increased by 20 basis points.
As of right present, the SSAS interest rate for the forthcoming January–March 2024 period is 8.2 percent. It’s critical to realize that one hundredth of a percentage point is represented by one basis point.