What are small savings schemes and why should you invest in them?

The interest rates offered by small savings schemes are usually higher than those given by fixed deposits (FDs) of commercial banks

Interest rates for small savings like SSCS, fixed deposits revised upwards; NSC, Sukanya Samriddhi and PPF unchanged

<ul><li>This means small savings schemes such as the Fixed Deposits of two, three years, Senior Citizen Savings Scheme (SSCS), etc will fetch more interest rates for the third quarter.</li></ul>

Should you invest your money in small savings schemes instead of fixed deposits?

Small saving schemes offer anywhere between 6 - 7.5 percent interest to investors plus tax benefits. Unlike FDs, these schemes have a lock-in period of 5 to 15 years

PPF, NSC and other small savings schemes' interest rates unchanged for September quarter

Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to have an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the second quarter of this fiscal.

Top Small Savings Schemes News

personal finance

What are small savings schemes and why should you invest in them?

personal finance

personal finance

personal finance