Good news! Modi Govt hikes interest rates on these small savings schemes – Check details
时间:2024-06-26 12:09:03 阅读(143)
Will the Modi government raise the interest rates of small savings schemes for the coming year 2024 or will they again be left unchanged like those in the previous quarters – this was the question on the top of the minds of most retail investors before the rate announcement.
However, there is finally some good news for them as the Modi Government has revised the rates of interest on a few small savings schemes for the fourth quarter of financial year 2023-24 starting from 1st January, 2024 and ending on 31st March, 2024.
Also Read: 7 lessons to learn from this year’s investment mistakes
It may be noted that small savings schemes such as PPF, NSC, SCSS, and Sukanya Sammriddhi Yojana (SSY), among others, have been popular among retail investors because besides offering a decent return in the long run, they also keep one’s risk exposure at a low level.
You may also choose a small savings scheme in sync with your financial goals. For instance, if you want to invest for the higher education of your child, you may invest in NSC, PPF, and post office fixed deposits. Similarly, if you are planning to invest for your girl child’s marriage who is below the age of 10, you may invest in Sukanya Sammriddhi Yojana.
上一篇:India Exposition Mart gets SEBI’s nod for IPO; firm plans to raise Rs 450 crore via fresh equity
猜你喜欢
- Petrol and Diesel Rate Today, 14 July- Some cities see revision; Check rates in Delhi, Mumbai, other cities
- Petrol and Diesel Rate Today, 13 January- Fuel prices unchanged; Check prices in Delhi, Mumbai, other cities
- Indian bond yields to eye demand at state debt auction for cues
- Petrol and Diesel Price Today, 7 Oct 2022- Fuel cost steady; Check rates in Delhi, Mumbai, Noida, other cities
- Petrol, Diesel Price Today, 27 Sep 2022- Fuel cost static; check rates in Delhi, Mumbai, Noida, other cities
- Nifty looks to hit new peak by Diwali 2022, despite market volatility; check what do technical charts say
- In Photos - Artists performance at 36th Surajkund International Crafts Mela
- Nifty reclaims 18k-level on positive global cues on Monday
- India battles extreme heatwave! Pictures from across India show people reeling under scorching heat