Central Government keeps small savings interest rates unchanged for the 9th consecutive Quarter

We all know that central government revises small savings interest rates every Quarter(3 Months). But even RBI insists that small savings schemes interest rates are far higher than bank fixed deposits, central government keeps small savings interest rates unchanged for the 9th consecutive Quarter though there are rumours that central government will revises small savingsContinue reading “Central Government keeps small savings interest rates unchanged for the 9th consecutive Quarter”

Are You Saving in Postal Small Savings Schemes? Here’s a Big Update For You !

Postal Small Savings Schemes are meant for conservative investors who prefers guaranteed and steady income through those deposits. Even though these deposits offer returns far below the inflation rate, even today there are some set of people who still prefers post office small savings. What’s up to now for Postal small savings schemes– Up toContinue reading “Are You Saving in Postal Small Savings Schemes? Here’s a Big Update For You !”

Differences Between Ordinary Postal Savings a/c and IPPB Savings a/c

We all are aware of Postal Savings a/c. Being natural savers Indians tend to save in “small saving schemes” of Post Offices. Even though postal schemes remains same, now as per the technology upgrade Post Office has launched “IPPB”(India Payments Postal Bank) Savings a/c in line with the existing ordinary postal savings a/c. What isContinue reading “Differences Between Ordinary Postal Savings a/c and IPPB Savings a/c”

Government Kept Small Saving Scheme Interest Rates Unchanged For January-March 2022 Quarter

Are you a saver? Do you want extra returns on your savings(when compared to banks)?Here’s a good news for you! Those who prefer guaranteed returns with government sovereign guarantee, Postal savings are a good option. When compared to banks their interest rates are slightly higher. Due to covid fears central government kept small saving schemesContinue reading “Government Kept Small Saving Scheme Interest Rates Unchanged For January-March 2022 Quarter”