Now 6.7% interest will be available on 5 year RD: Interest rate increased by 0.2%, no change for other small saving schemes.

The central government has increased interest rates on recurring deposits (RD) by 0.2% for October-December, making it the fifth consecutive quarter when rates for these schemes have been increased. On Friday, September 29, the Finance Ministry issued a notification regarding this. According to the notification, interest rates on 5 year RD have been increased from…

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