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Kisan Vikas Patra, or KVP, is a well-liked small savings plan that is taken into consideration for long-term investments. Read more to know latest KVP interest rate for January- March 2024 quarter.
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The government has raised the rate of interest on two small savings schemes for the quarter January-March 2024 by 10-20 basis points. However, the PPF rate has been unchanged from April-June 2020.
The Department of Posts (DoP) has introduced opening of Monthly Income Scheme (MIS) Account, Senior Citizens Savings Scheme (SCSS) Account and Mahila Samman Savings Certificate (MSSC) through the Department of Posts Internet Banking facility with effect from October 20, 2023.
The post offices could use the Annual Accrual Interest Tables found on the India Post website to determine the annual accrual of interest in the case of NSCs.