Public Provident Fund Account News
Despite rising repo rate, bank fixed deposit interest rates remained lower than post office plans in 2022.
FD interest rates offered by top banks such as SBI, ICICI, HDFC, Axis Bank, PNB, BoB, and others are significantly lower than interest rates on post office schemes.
Currently, investors receive an interest of 7.1 per cent per annum for the investments in Post Office Public Provident Fund Account.
National Savings Certificates (NSC) is currently offering a 6.8 per cent return to investors.
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