Sukanya Samriddhi Yojana News: Interest rates for the government-given programme rose before to the new year.

The Sukanya Samriddhi Yojana investors received a gift from the government before to the new year. In the fourth quarter of the fiscal year 2023–2024, the interest rate on this scheme has been raised to 8.2 percent. Previously, this plan offered investors an 8 percent interest rate. But the government hasn't raised the other programmes' interest rates.

Sukanya Samriddhi Yojana News: Interest rates for the government-given programme rose before to the new year.

New delhi;

Before the New Year, the government increased the interest rate on the Small Savings Scheme, giving investors a gift. The interest rate for the Sukanya Samriddhi Yojana has been raised to 8.2 percent for the fourth quarter of the current fiscal year 2023–2024. Previously, this plan offered investors an 8 percent interest rate. The interest rates on other programmes, nonetheless, have not been raised by the government.
The interest rates for small savings plans for the fourth quarter of the fiscal year 2023–2024 have been released by the government. All schemes have maintained their current interest rates, with the exception of Sukanya Samriddhi Yojana. For the January through March quarter, the interest rate for the Sukanya Samriddhi Yojana has been raised to 8.2 percent.

The second time that interest rates have risen

1. The interest rates for this programme have been raised by the government for the second time this fiscal year.
2. The Sukanya Samriddhi Yojana's interest rate was raised by the government from 7.6 percent to 8 percent earlier in the first quarter.
Considered in this light, the government raised the interest rates on this programme for daughters by.6% during the current fiscal year.

Interest rates on fixed deposit plans have also increased.

In addition to the Sukanya Samriddhi Yojana, the interest rate on three-year term deposits will rise from 7% to 7.1 %. Conversely, PPF and savings account interest rates have remained at 7.1 percent and 4 percent, respectively. Kisan Vikas Patra has a maturity period of 115 months and an interest rate of 7.5 percent. For the period of January 1 through March 31, 2024, the interest rate on National Savings Certificates (NSCs) stays at 7.7%. The interest rate (7.4%) for the Monthly Income Scheme (MIS) has remained unchanged.

Interest rates rose for a second time.

1. In the current fiscal year, the government has increased the interest rates under this plan twice.
2. Earlier in the first quarter, the government increased the interest rate under the Sukanya Samriddhi Yojana from 7.6 percent to 8 percent.

Because of this, during the current fiscal year, the government increased the interest rates on this plan for daughters by.6%.
Fixed deposit plan interest rates have also gone boosted.