Posts

Showing posts with the label small savings

Interest rates for Small Savings Schemes in India - January 2019

Image
Interest rates for Small Savings Schemes in India - January 2019 In the recent years, the Bank Interest rates are at low in India. The Past year 2018 ended with the stock market was not excessive earnings and the investment in Gold has been appreciated a little. Inflation in India has been in the numbering of four percent and below in the past half year. The Consumer inflation in India were declined to 2.33 percent in the November of 2018. The RBI (Reserve Bank of India) had also  unchanged with its interest rates in the recent months. The interest rates for small savings schemes recently announced by the Government of India, which has seen as the same by the past announcements. The New Interest rates for Small Savings Schemes in India are effect from January 1 to March 31, 2019. The Basic Savings account rate were with the same rate of 4 Percent. This is applicable for Banks and Post Offices on Savings account are there is no maximum limit on this part of account. For the One year Te