Friday, 30 March 2012

Small Savings Schemes interest rates to rise by 0.20% – 0.50%

 The interest rates on Small Savings schemes like National Savings Certificate, Public Provident Fund, etc. by 0.20% to 0.50% from 1st April,2012. According to the budget estimates, there is likely to be a net outflow of Rs.12,000 Crore from small savings scheme from the current fiscal. This hike in interest rate may attract small investors.

Small Savings Interest Rates