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Page 8 - Senior Citizen Saving Scheme News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Why Public Provident Fund Remains An Attractive Investment Option Despite Unchanged Interest Rates

PPF interest rate was last revised in April-June 2020, when it was slashed from 7.9 per cent to 7.1 per cent. Previously, in July-September quarter of 2019, it was cut. The last increase in PPF interest rate happened during October-December quarter of 2018 where it was raised from 7.6 per cent to 8 per cent. aaa

PAN card, Aadhar now a must for small savings schemes including PPF and NSS

The idea behind these new rules is to increase transparency and to prevent scams via small savings schemes.

Indian Finance Ministry mandates Aadhaar and PAN card submission for small saving schemes

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