SUBSCRIPTION FOR SOVEREIGN GOLD BONDS OPENS FROM DECEMBER 19 TO 27
The issue of the 2022-23 Series III of the Sovereign Gold Bonds (SGBs) scheme 2022-23 is open for subscription from December 19, 2022– to December 27, 2022. The Subscription of the Gold Bonds under this Scheme shall be open (Monday to Friday) on the dates specified above, provided that the Central Government may, with prior…
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Govt hikes interest rate 0.1% to 0.3% on small savings schemes for Q3 of FY23
The government on Thursday has effected minor hikes of 0.1% to 0.3% in interest rates payable on five small savings instruments out of a bucket of 12 instruments, including Kisan Vikas Patra, Senior Citizens’ Savings scheme, and time deposits for two and three years, for the quarter beginning 1 October. The previous change of interest…
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Latest Small Savings/Post Office Interest Rates October-December 2022
Updated: September 30, 2022 The government on Thursday has effected minor hikes of 0.1% to 0.3% in interest rates payable on five small savings instruments out of a bucket of 12 instruments, including Kisan Vikas Patra, Senior Citizens’ Savings scheme, and time deposits for two and three years, for the quarter beginning 1 October. The…
Read article You will earn 75.49 % return on premature redemption of the Sovereign Gold Bond series-IV
The Reserve Bank of India has announced that the second due date of premature redemption of the Sovereign Gold Bond (SGB) 2016-17, Series IV shall be September 17, 2022. As per the Government’s notification on SGB 2016-17 Series IV, the tenor of the bond is 8 years and early encashment/redemption of the bond is allowed…
Read article Interest rates of PPF, NSC, and other small savings schemes remain unchanged for July-September 2022 quarter
Contrary to the expectations of small investors in a rising interest environment, the government has decided to keep the small savings interest rates unchanged for the July to September quarter. This is the ninth quarter in a row that small savings interest rates have not changed. New investments made during the second quarter of FY…
Subscription for Sovereign Gold Bonds opens from today
The issue of the 2022-23 Series I of the Sovereign Gold Bonds (SGBs) scheme 2022-23 is open for subscription from June 20, 2022 – to June 24, 2022. The nominal value of the bond is based on the simple average closing price [published by the India Bullion and Jewellers Association Ltd (IBJA)] for gold of…
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