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Government Keeps Interest Rates On PPF And Kisan Vikas Patra Steady

Government Keeps Interest Rates On PPF And Kisan Vikas Patra Steady

Monday, January 2, 2017, 3:50 PM

Banks have started cutting down interest on deposit rates. However, the Government has kept interest rates on small saving schemes like PPF and Kisan Vikas Patra unchanged for the January to March quarter. An investment in PPF will fetch you an interest rate of 8%. This is same as the National Savings Certificate. Kisan Vikas Patra will fetch an interest rate of 7.7%.
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