Small Saving Scheme: As per a notification by the Finance Ministry, only the interest rate of a one-year term deposit has been hiked to 6.9 per cent from 6.8 per cent.
After she received cash from the scheme, the woman stopped contributing to the group for several months, despite having taken money that was saved by other members
HDFC offers FDs ranging between 7 days to 10 years maturities with varied interest rates from 2.75% to 5.7 per cent for the general public and from 3.2 per cent to 6.5 per cent for senior citizens.