At the beginning of the financial year, the government of India has increased the rates for Post Office Monthly Income Scheme and Post Office Recurring Deposit schemes for the April-June quarter.
The revised rate for the Post Office Monthly Scheme account stands at 7.7%, and the Post Office Recurring Deposit is 6.2%, according to the new notification from the Department Of Economic Affairs, Ministry of Finance.
-
NDTV Profit Ignite 2026: Experts See Opportunity In Equities, Stay Bullish For Long-Term -
Buy Right, Sit Tight Does Not Work for Individual Stocks, Says Dinshaw Irani -
'Worst Is Behind': Quant MF Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps -
India's Mutual Fund Industry Could Become A $1 Trillion Opportunity, Say Fund Managers -
'Foreign Investors Are Baraatis': Raamdeo Agrawal's Take On LTCG Tax -
Stay Invested Through Market Cycles: Raamdeo Agrawal at NDTV Profit Ignite -
Ramesh Damani Remains Bullish On India For Next 20-30 Years, Sees Bargains Amid Market Weakness -
CAS Came After A Long Consultation Process: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFIT IGNITE -
Aim To Cut FPI Onboarding Time From Mth To Five Days: SEBI Chairman Tuhin Kanta Pandey AT NDTV PROFI -
'One Can Never Get Good News And Bad Share Price': S Naren, ICICI Pru Life AMC On NDTV Profit Ignite
Senior Citizens Savings Scheme, Sukanya Samriddhi Yojna, Kisan Vikas Patra, and Post Office Fixed Deposits have also seen a hike in their interest rates following this change. There has, however, been no change in Public Provident Fund or PPF interest rate.
Also Read | Layoffs Are Rising In Tech, But These Skills Are Helping People Unlock Better Pay
Revised Interest Rates of Post Office Savings Schemes w.e.f 01.04.2023 pic.twitter.com/vVSVs7E1bQ
April 1, 2023Here's a look at the revised interest rates of Post Office Savings Schemes
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
