WebFeb 16, 2024 · Compare Best Small Saving Schemes Interest Rates in 2024. Type of Investment: Return/Interest: Tenure and lock-in period: Taxation: Equity Linked Savings Scheme ELSS: 12.00% to 15.00% p.a. Three years: Investment qualifies for tax deduction under Section 80C of the Income Tax Act, 1961. However, capital gains are taxable at 15% … WebApr 11, 2024 · For the April-June 2024 quarter, the Union government raised the interest rates for a few small savings programmes. The Senior Citizen Savings Plan has increased its interest rate from 8% to 8.2% ...

General Provident Fund (GPF),Small Savings Interest Rates …

WebJun 30, 2024 · Interest rates for small savings schemes are notified on a quarterly basis. One-year term deposit scheme will continue to earn an interest rate of 5.5% during the second quarter of the current ... Web2 days ago · National average savings account interest rate. The national average yield for savings accounts is 0.24 percent APY, according to Bankrate’s April 5 weekly survey of … high speed chase augusta ga

What is the average interest rate for savings accounts?

WebApr 12, 2024 · Small savings scheme interest rate hike: For the April-June quarter of 2024, the Union government announced an increase in the interest rates on certain small savings schemes. The interest rate for Senior Citizen Savings Scheme has been increased to 8.2 per cent. Kisan Vikas Patra would earn 7.5 per cent in interest with maturity in 115 months. WebApr 2, 2024 · Recently, the government has kept interest rates unchanged on Small savings Schemes, including NSC (National Savings Certificate) and PPF (Public Provident Fund) for the first quarter of 2024-23 (April-June) due to an elevated level of inflation. What are the Small Saving Schemes/Instruments? About: WebDec 31, 2024 · The interest rate of small savings deposit of one year time period has been increased to 6.6 per cent from 5.5 per cent. However, the interest rate on the Public … how many days in a row can you take meloxicam