There has been a big change in small schemes like PPF, today we are going to tell you about the same in this video.
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#bigchange #PPF #smallschemes #himachalabhiabhi #analpatrwal #investment
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Big Change | PPF | Small Schemes |.
There has been a big change in small schemes like PPF, today we are going to tell you about the same in this video.
...........................................
#bigchange #PPF #smallschemes #himachalabhiabhi #analpatrwal #investment
..................................................
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Big Change | PPF | Small Schemes |
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Government has announced a cut in interest rates of small savings schemes. As per a finance ministry circular, dated March 31, 2021, interest rates on small savings schemes have been cut by massively between 40 -110 basis points (100 basis points/bps = 1%) for the first quarter of the financial year 2021-22. The PPF interest rate below 7% would be the first time since 1974, a 46 year low.
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Govt cuts interest rates on small savings schemes, PPF hits 46 year low of 6.4%
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PPF account holders should know that depositing money before the 5th of every month earns more interest.
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