W.E.F 01-Apr-14, the government has increased interest rates on a range of popular post-office saving schemes in an apparent move to make small savings more rewarding for millions.
Click here to download Post Office SB Order/Notification
The rate of return on fixed deposits for one and two years has been increased to 8.4% from the present 8.2%. Similarly, fixed deposits of three and five years have been raised by 0.1 percentage point to 8.4% and 8.5%, respectively.
Wednesday, December 10, 2014
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