For example,The interest rate on PPF has a markup of 25 basis points over and above the G-Sec rate(Govt Bonds rate). So, if comparable maturity G-sec rate is say 8.5% then the interest rate on PPF will be determined as 8.75%.(One Basis Point is equivalent to 0.01%) So investment ...
8) Public Provident Fund (PPF):PPF is one of the best investment to accumulate money in the long term. PPF has a lock-in period of 15 years. PPF in post office interest rate is 7.1%, which is compounded annually and paid on maturity. Minimum investment in PPF is Rs 500 and maximum ...
Interest Calculator helps user to calculate the interest for most of the saving schemes. Interest Calculator helps user to calculate the interest for most of the saving schemes. It has knowledge base of last history of the interest for different schemes. PO Interest calculator ( Post Office ...
1) Among the post office saving schemes, highest interest rates is being offered on Sr. Citizens Saving Scheme which is 8.3%. Earlier even Sukanya Samriddhi Account (SSA) Scheme too used to get highest interest among the small saving schemes. Now SSA offer only 8.1% interest rate f...
:Post Office Small saving schemes offers the highest returns compared to bank FD schemes. Some of the unique schemes like PPF and Sukanya Samriddhi Yojana Scheme offers highest interest rates. If you are a low risk taker, consider investing in small saving schemes offered by the po...
Kisan Vikas Patra (KVP) is one of the popular saving scheme from Indian post office for long term investment. Kisan… More Public Provident Fund (PPF) - Benefits, Interest Rate, Forms Public Provident Fund or PPF is a tax-cum-saving scheme from Govt. of India, suitable for every investor...
However, this ₹1.5 lakh limit of tax saving investment includes other options such as PPF, EPF, ELSS Mutual Funds along with life insurance premium payments. A secondary tax deduction benefit is applicable on NSC interest earned during the first 4 years of the investment. This is because ...
They also offer a number of post office savings schemes like National Savings Certificate, Kisan Vikas Patra, Recurring Deposits and Term Deposits. Kisan Vikas Patra Kisan Vikas Patra (KVP) is a saving instrument that provides interest income similar to bonds. Amount invested in Kisan Vikas ...
Also check:Rate of interest on various National Small Savings Schemes with effect from 1st January 2020 a) For subsequent deposits in SB/RD/SSA/PPF:- Subsequent deposit up to Rs.5000/- in SB/RD/SSA/PPF account through withdrawal form (SB...
LIC Receipt of policy payment through NEFTPost Office (PPF, Post Office Deposit Schemes & Postal Life Insurance Proposal / Service Forms) Mutual Fund in Fillable / Editable FormsPPF Forms(SBI, BOI, Canara Bank, IDBI, Post Office,) Income Tax Fillable / Editable forms ...