Latest Post Office Interest Rates – April to June-2020 Ministry of Finance (MoF) has announced latest and revised post office interest rates on small saving schemes for the period April-20 to June-2020 few minutes back. As expected, MoF has reduced interest rates of the small saving schemes, but at a very huge reduction of up to 1.4%. Post office schemes […]
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Latest Post Office Interest Rates – Oct-2019 to Dec-2019 Ministry of Finance has published latest interest rates on post office, saving schemes applicable for the period October to December, 2019 (3rd Quarter of FY2019-20) now. Last month, RBI had cut the Repo rate for the 4th consecutive time and banks started reducing the FD interest rates. This trend has given […]
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Post Office Recurring Deposit of 5 years provides 7.4% interest rates and it is compounded every quarter. Such saving scheme gives the highest returns compared to bank RD rates. This scheme offers complete security of investments along with attractive returns. Due to their implementation through the post office, they can be run at the places which are geographically difficult to […]
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Small Saving Schemes Interest Rates from 1-Apr-2016 Last week, Govt. of India has announced revised interest rates for small saving schemes which are effective from 1-Apr-2016 i.e. Financial year 2016-2017. As per the suggestions from RBI, Govt of India has reduced Small Saving Interest rates to bridge gap between rates offered in small saving schemes vs banks. In this article, […]
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Post Office Monthly Income Scheme (MIS)-Who should invest? One of the safest investment options is investing in post office saving schemes. Among the various investment offerings from the Post office, Monthly Income Scheme (MIS) is a unique scheme which provides regular monthly income. There are several good things about Post Office Monthly Income Scheme (MIS). What are the features of […]
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Post office saving schemes revised interest rates from 1-Apr-2014 Last week, Finance Ministry has revised the interest rates on post office saving schemes in India. These revised interest rates on post office schemes would come into effect from 1st April, 2014. The rate hike decision is in line with the recommendation given by Shyamala Gopinath committee, which they felt that […]
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Post Office Schemes in India-Who should invest? If you are looking for a safe investment option, invest in Post Office Schemes in India. Post office schemes in India include Public Provident Fund, Term deposits, Recurring Deposits and National Saving Certificates. This article is based on request from Maithili on “Suggest a topic” option to write an article about Post office […]
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