Govt revises the interest rates for small saving schemes

Govt revises the interest rates for small saving schemes

Govt revises the interest rates for small saving schemes for the next three months.

According to the @FinMinIndia, the recurring deposit holders would get a 6.5% interest against the existing 6.2% during the second quarter of this financial year.

One-year term deposit will get 6.9% interest and two year term deposit will earn 7% interest.