Page 2 Kvp: Latest News and Updates, Top Stories, Videos, Photos About Kvp

Why Post Office Schemes Are Better Than Bank Deposits?

Interest rates on bank deposits and various other debt instruments have virtually collapsed in the last few months. It's very difficult to get interest rates even near the 7 per cent on bank deposits. At such times, it is best to ...

Govt Cuts Interest Rate On Small Savings Schemes By 0.7-1.4% For Apr-June

For the April-June quarter, the government has cut interest rate on number of small savings instruments in the range of 70bps to 140 bps. One basis point is one-hundredth of a percentage point. The interest rate on these schemes are ...

4 Things to know about Kisan Vikas Patra 2020

KVP is a one-time investment issued by Government of India, which is available on all post offices and major banks of India with a tenure of 9 years and 10 months. In KVP scheme the investor will get double of the ...

Kisan Vikas Patra To Fetch Lower Interest; Amount To Double In 113 Months

The finance ministry in view of the falling interest rates across the financial system has increased the tenure in which the funds parked in KVP will double by 1 month from the current 9 years 4 months to 9 years 5 ...

Interest Rate On Small Saving Schemes Remains Unchanged For September Qtr

The interest rate on small saving schemes including PPF, NSC etc. are determined every quarter by the government based on the benchmark 10-year bond yield. But this time, even as the bond yields spiked to historical levels of over 8%, the ...

Small Savings Interest Rates Unchanged At 4% For April-June Quarter

The government on Wednesday decided not to tinker with the interest rates on small savings schemes, including National Savings Certificate (NSC) and Public Provident Fund (PPF), for the April-June quarter. The move is aimed at matching the hardening interest rates ...

Bank Fds Vs Post Office Schemes; Why Post Office Is Better?

The various schemes run by the post office also known as small saving schemes, offer much better returns than bank deposits. Here are a few reasons to be investing in the small saving schemes rather than the bank deposits. Some schemes like PPF, are also now offered at banks. ...

PPF, NSC, KVP, Sukanya Samriddhi Account Interest Rates Cut

The government has cut the interest rates on a host of small saving schemes including the popular NSC, PPF, Sukanya Samriddhi Account and Kissan Vikas Patra. This would be for the forthcoming qaurter January to March 2018. As per a notification, ...

Now Banks To Sell Small Savings Schemes

In order to increase mobilization of funds towards the different government backed small savings schemes, government has now allowed in addition to public sector banks, three large private lenders including ICICI, HDFC and Axis bank to offer these schemes to ...

Aadhaar: A Must For Post Office Deposits, PPF, KVP Now

The government has made biometric identification Aadhaar mandatory for all post office deposits, PPF, the National Savings Certificate scheme and Kisan Vikas Patra. Existing depositors have been given time till December 31, 2017, to provide the 12-digit unique identification number. Ministry ...

Interest Rates For Small Saving Schemes Kept Unchanged

In a release the finance ministry said "The rates of interest on various small savings scheme for the third quarter of the financial year 2017-18 starting October 1 shall remain unchanged from those notified for the second quarter of 2017-18". This ...

Small Saving Schemes Unlikely To See Sharp Rate Cuts: Here’s Why

The small saving schemes which will see interest rate revision on September 30 as per analyst expectations are unlikely to see huge changes on interest rate front. The interest rate on these small saving schemes is linked to yield on government ...

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