Interest Rates on Small Savings Cut From April 1; Saving Deposit Down From 4% to 3.5% Annually, PPF Rate 7.1 to 6.4%

Govt cuts interest rates on small savings wef from April 1 Savings deposit revised from 4% to 3.5%, annually. PPF rate down from 7.1% to 6.4%, annually. 1 year time deposit revised from 5.5% to 4.4%,quarterly. Senior citizen savings schemes rate down from 7.4% to 6.5%, quarterly & paid.

Govt cuts interest rates on small savings wef from April 1

Savings deposit revised from 4% to 3.5%,annually.

PPF rate down from 7.1% to 6.4%,annually.

1 yr time deposit revised from 5.5% to 4.4%,quarterly.

Senior citizen savings schemes rate down from 7.4% to 6.5%,quarterly&paid pic.twitter.com/x05Hko3vho

— ANI (@ANI) March 31, 2021

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