12 thoughts on “Revised interest rates of small saving schemes from 1-Apr-2015 (FY 2015-16)”

  1. Sai jeevan garg

    Dear sir, I have opened a PPF account in icici bank from past 3 years and investing approx 50k yearly plz confirm if they are providing the same benefits as of govt bank and would there be the same terms and conditions.

    Regards

    Sai Jeevan Garg
    Ph 9837010315

  2. I opened a Senior Citizen Savings account in 2010 with SBI when interest rate was 9% pa.
    Interest rates were revised for this scheme to 9.2% effective 1-4-2014 and again to 9.3% effective 1-4-2015.
    But SBI continues to pay quarterly interest at 9% even now.
    Why have they not offered revised rates to existing account holders?
    AK Mathur
    Lucknow

    1. Arindam Kumar Das

      This is a normal fact….the revised rates are only applicable to those who opened the account after the revision….and the people who opened earlier will get the rates accordingly when they opened the account……and you will get the rates continually to the maturity period no matter the interest rates fall down or the other.

  3. I am following your blog from past 6 months. You are giving good information about finance. Thank you very much.

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