Small Savings Schemes

Narendra Modi government slashes interest rates on PPF, KVP and other small savings schemes

The interest rate for the five-year Senior Citizens Savings Scheme has been reduced steeply by 0.9 per cent to 6.5 per cent.

published on : 31st March 2021

Government proposes permitting premature closure of Public Provident Fund account

The government proposes to allow premature closure of Public Provident Fund accounts and permit opening of small savings accounts in the name of minor, the finance ministry said today.

published on : 13th February 2018
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