Start with the Senior Citizen Saving Scheme (SCSS). Despite the cut in rates (7.4 percent.
With an interest rate of 6.6.
Debt instruments: Ensure a balance between risk and return as you age – Ensure a balance between risk and return as you age . How hard is it to generate returns from an assured interest.
I have had the privilege of working with SBI. The memories of innumerable bills from Treasury at the midnight hours.
Salaried Employees and Pensioners have to be careful about interest earned from.
The interest rate on the PO savings schemes is revised by the government at the beginning of every quarter of the financial.
As was widely expected, the government has reduced the interest rates on small saving schemes such as PPF, NSC, KVP, SCSS,
Subsequently, the SBI had announced a revision in the SBI FD rates by lowering the interest rate.
Public Provident Fund.
SCSS interest income: In the wake of deep cuts in interest rates of small savings schemes, the SBI Research has suggested the.
While the rate cut is steep, you can continue investing in these instruments for various goals based on your asset allocation.
Bank deposit rates are likely to go down with the recent 75 basis points repo rate cut by the RBI to combat the coronavirus.
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