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Interest Rates on Small Saving Schemes for March'2019 Quarter - Shah Financial

Shah Financial

Interest Rates on Small Saving Schemes for March’2019 Quarter

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The Central government has decided to leave interest rates on small savings schemes unchanged for Jan- March’2019 Quarter.Small savings rates are linked to government bond yields in the secondary market.
Following are the small saving schemes interest rates for quater ending March 2019
 Saving Instruments Interest rate from 01-01-2019  Min Amount(INR) Max Amt(INR)
Senior Citizen Saving Scheme 8.7% 1000 1500000
Sukanya Samriddhi Accounts 8.5% 1000 1500000
Public Provident Fund 8.00% 500 1500000
5 Yr NSC – VIII Issue  8.00% 100 no limit
Time Deposit# 7.00-7.80 200 no limit
Post Office Monthly Income Scheme 7.30 1500 Single 4.5lakhs
Post Office Monthly Income Scheme 7.30 1500 joint 9lakhs
Kishan Vikas Patra 7.70 1000 no limit
Recurring Deposits 7.30 10 no limit
Saving Accounts 4.00 20 no limit

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