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How does money double?Talking about the calculation of doubling of money in this scheme, it is very easy. Actually, in this Govt Scheme, interest on the investment amount is calculated on the basis of compounding. If we understand from the example of investment of Rs 1 lakh, then on the basis of 7.5 percent interest…
Last Updated:March 31, 2026, 08:34 IST Notably, the last revision in small savings rates was undertaken in the January–March quarter of FY2023–24. Small Savings Scheme The government has kept interest rates unchanged on various small savings schemes—including the Public Provident Fund and National Savings Certificate—for the eighth consecutive quarter starting April 1, 2026. “The rates…
Last Updated:January 13, 2026, 6:01 PM IST Sukanya Samriddhi Yojana and Senior Citizen Savings Scheme lead with 8.2 percent interest for January to March 2026, while NSC, KVP, PPF and MIS offer varied rates for investors. SCSS is ideal for retirees seeking stable income with sovereign guarantee. (File Photo) Small Savings Schemes Interest Rates: The…