TMI BlogQuarterly Revision of Interest Rates for Small Savings SchemesX X X X Extracts X X X X X X X X Extracts X X X X ..... Quarterly Revision of Interest Rates for Small Savings Schemes - News and Press Release Dated:- 20-6-2016 - News - Press Information Bureau Government of India Ministry of Finance 20-June-2016 17:11 IST On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... small savings schemes for the second quarter of financial year 2016-17, on the basis of the interest compounding/payment built-in in the schemes, shall be as under: Instrument Rate of interest w.e.f. 01.04.2016 to 30.6.2016 Rate of interest w.e.f. 01.07.2016 to 30.9.2016 Compounding frequency Savings De ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... posit 4.0 4.0 Annual 1 Year Time Deposit 7.1 7.1 Quarterly 2 Year Time Deposit 7.2 7.2 Quarterly 3 Year Time Deposit 7.4 7.4 Quarterly ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 Year Time Deposit 7.9 7.9 Quarterly 5 Year Recurring Deposit 7.4 7.4 Quarterly 5 Year Senior Citizens Savings Scheme 8.6 8.6 Quarterly and paid 5 year Monthly Income Account Scheme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7.8 7.8 Monthly and paid 5 Year National Savings Certificate 8.1 8.1 Annual Public Provident Fund Scheme 8.1 8.1 Annual KisanVikasPatra 7.8 (will mature in 110 months) 7. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8 (will mature in 110 months) Annual SukanyaSamriddhi Account Scheme 8.6 8.6 Annual ***** AR/KA - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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