Interest Pay Out News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Interest pay-out of the government in the next financial year is expected to climb 11-12% from the ongoing fiscal 2024. The interest pay-out for FY24 is projected to be Rs 10.80 lakh crore. In the pre-Covid FY20, interest payment at Rs 6.12 lakh crore had accounted for 22.8% of the total expenditure.

Under this new account, women can earn up to 7% interest rate per annum with monthly interest credit coupled with a specially designed RuPay Platinum Debit Card which offers discounts on shopping and online purchases and many more.