Showing posts with label Post Office Savings. Show all posts
Showing posts with label Post Office Savings. Show all posts

PF Interest Rate VS Other Govt. Saving Schemes..

PF Interest Rate VS Other Govt. Saving Schemes..
PF Interest Rate VS Other Govt. Saving Schemes.. Interest Rate of Government Schemes Saving Instrument Interest Rate  Employee Provident Fund (EPF) 8.65 % Public Provident Fund (PPF) 8 % National Saving Certificate (NSC) 8 % Senior Citizen Saving Scheme (SCSS) 8.5 % Sukanya Samridd…
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Interest rates for Small Savings Schemes reduced by 0.1% from 1st October, 2016

Interest rates for Small Savings Schemes reduced by 0.1% from 1st October, 2016
Interest rates for Small Savings Schemes reduced by 0.1% from 1st October, 2016 F.No. 1/04/2016-NS.II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated- September 29, 2016 OFFICE MEMORANDUM Subject: Revision of int…
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Sukanya Samriddhi Accounts interest 8.6%, Minimum Rs. 1,000, Maximum Rs. 1.5 lac Tax Rebate

Sukanya Samriddhi Accounts interest 8.6%, Minimum Rs. 1,000, Maximum Rs. 1.5 lac Tax Rebate
Sukanya Samriddhi Accounts Rate of interest 8.6% Per Annum(w.e.f 1-4-2016),calculated on yearly basis ,Yearly compounded. Minimum Rs. 1000/-and Maximum Rs. 1,50,000 in a financial year. Subsequent deposit in multiple of Rs. 100 Deposits can be made in lump-sum No limit on num…
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Kisan Vikas Patra – KVP - doubles in 9 years, Minimu Rs. 1000, No Maximum Limit, Tax Rebate

Kisan Vikas Patra – KVP - doubles in 9 years, Minimu Rs. 1000, No Maximum Limit, Tax Rebate
Kisan Vikas Patra (KVP​) Amount Invested doubles in 110 months (9 years & 2 months) Available in denominations of Rs 1,000, Rs 5000, Rs 10,000 and Rs 50,000. Minimum deposit Rs. 1000 and no maximum limit. Salient features including Tax Rebate o Certificate can be purchased b…
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National Savings Certificates (NSC) Tax Rebate 5 Years Minimum Rs. 100, 8.1%

 National Savings Certificates (NSC) Tax Rebate 5 Years Minimum Rs. 100, 8.1%
National Savings Certificates (NSC) 5 Years National Savings Certificate (VIII Issue) From 1.4.2016, interest rates are as follows:- o 8.1% compounded six monthly but payable at  maturity. Rs. 100/- grows to Rs 147.61 after 5 years. Minimum R. 100 No maximum limit available in  de…
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15 year Public Provident Fund Account – PPF - 8.10%, Minimum Rs. 500, Maximum Rs. 1,50,000 - Tax Rebate

15 year Public Provident Fund Account – PPF - 8.10%, Minimum Rs. 500, Maximum Rs. 1,50,000 - Tax Rebate
15 year Public Provident Fund Account PPF​ Interest payable, Rates, Periodicity etc. From 1.4.2016, interest rates are as follows:- o 8.10% per annum (compounded yearly). o Minimum Amount for opening of account  and maximum balance that can be retained Minimum Rs. 500, Maximum Rs. …
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Senior Citizen Savings Scheme - SCSS - 8.6% - Deposit multiple of Rs.1,000, Maximum Rs. 15 lakh, Income Tax Benefit

Senior Citizen Savings Scheme - SCSS - 8.6% - Deposit multiple of Rs.1,000, Maximum Rs. 15 lakh,  Income Tax Benefit
Senior Citizen Savings Scheme (SCSS) Interest payable, Rates, Periodicity etc. From 1.4.2016, interest rates are as follows:- o 8.6% per annum, payable from the date of deposit  of 31st March/30th Sept/31st December in  the first instance & thereafter, interest shall be  payab…
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