New Delhi PPF-SSY Scheme: Many small saving schemes are being run by the government. In this, interest rates are revised on quarterly basis. Let us tell you that on June 30, the interest rates of many schemes were revised by the government and the next change can happen at the end of this month i.e. on September 30. The time interest rates for one year are 6.9 per cent as against 6.8 per cent in the last change. The rate on time deposit for 2 years is 7.0 per cent as against 6.9 per cent. Whereas the interest rates on recurring deposits for 5 years were increased from 6.2 percent to 6.5 percent.
This time lottery will be held for PPF account holders
Let us tell you that investors have a lot of hope in the change in interest rates of PPF. In fact, in the last amendment, the interest rates of many small savings schemes were changed. But if we talk about PPF, there has been no change in its interest rate for the last 42 months. Currently the interest rate of PPF is given at the rate of 7.1 percent and this time there may be an increase. Its last change was made in April 2020.
Announcement regarding the scheme in 115 days
One of the most popular skis of the post office. There is Kisan Patra Scheme which is giving guaranteed returns to its investors. At present, the annual interest received by those investing in Kisan Vikas Patra is 7.5 percent. A minimum investment of Rs 1,000 can be made in this and there is no limit on maximum investment.
Interest will increase in SSY scheme
After this, there was no change in the interest rates in the SSY scheme. But this time the interest rates of this scheme are expected to increase as soon as possible. At present, interest is given at the rate of 8 percent annually. This scheme was started especially for the future of daughters. In this, an account can be opened for a girl child up to 10 years of age. After this, investment can be made for up to 15 years. At the same time, when the daughter turns 18, there is a facility to withdraw 50 percent of the maturity amount.
