April 01, 2021 3:00 pm
Small Savings Schemes Interest rates 2021: We take a look at the current interest rates of the popular small savings schemes such as Public Provident Fund (PPF) and National Savings Certificate (NSC). Here's how much you can earn from these schemes by investing Rs 10,000.
March 18, 2020 5:38 pm
Bankers have been complaining that high rates on small savings schemes prohibit them from cutting deposit rates. Currently, there is a difference of nearly 100 basis points between deposit rate of banks and small savings rate for one-year maturity.
July 01, 2017 5:27 pm
The Kisan Vikas Patra would drop down by 0.1 per cent and will now fetch an interest rate of 7.5 per cent. Another change made to the scheme is the increase in the duration of maturity which will now be 115 months as against 113 months.
April 08, 2015 2:52 am
Gross collections for KVP were as high as Rs 21,631.16 crore in 2010-11, which was the year before it was discontinued.
November 24, 2014 12:05 am
Widely popular in the 90s, THE SCHEME CAN be used as security and be pledged for availing loans.
November 20, 2014 12:44 am
The KVP, which was launched by finance minister Arun Jaitley on Tuesday offers a fixed interest rate of about 8.5 per cent.
November 19, 2014 12:50 am
Finance ministry officials said that the interest rate on the KVP would be fixed at about 8.5 per cent.
November 18, 2014 1:24 am
While initially KVPs will be sold only through post offices, it will later be available at designated branches of nationalised banks.
September 11, 2014 1:30 am
The New KVP is expected to have relaxed know-your-customer norms but will continue with its earlier tax treatment.
July 10, 2014 10:24 pm
“Kisan Vikas Patra was a very popular instrument among small savers," said FM Arun Jaitley.