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What is the new interest rate for Kisan Vikas Patra scheme?

Asked 2018-09-20 17:12:36 by Anonymous

Answered by NewsBytes

The revised interest rate for Kisan Vikas Patra (KVP) Scheme is 7.7%. Currently, KVP accounts fetch an interest rate of 7.3% over 118 months. However, from October 1, KVP accounts will fetch an interest of 7.7% over 112 months.

How much interest rate will be applied on savings account under the PPF scheme?

Asked 2018-09-20 17:10:42 by Anonymous

Answered by NewsBytes

The interest rate to be applied on savings account under the PPF scheme will be 8%. On September 20, the Modi government announced new interest rates for small savings schemes, including the National Savings Certificate (NSC), and the Public Provident Fund (PPF).

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