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ISRO- Job Vacancies

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LATEST INTEREST RATES OFFERED BY POST OFFICE SMALL SAVING SCHEMES

Small saving schemes offered by post offices throughout the country may be a good investment idea. The interest rates of small saving schemes are decided every quarter as they are linked to government yields. Small saving interest rates for the quarter ending Junehave been kept the same as the March quarter. Post offices offer nine small saving schemes. These are: Post Office Savings Account, 5-Year Post Office Recurring Deposit Account (RD), Post Office Time Deposit Account (TD), Post Office Monthly Income Scheme Account (MIS), Senior Citizen Savings Scheme (SCSS), 15-year Public Provident Fund Account (PPF), National Savings Certificates (NSC), Kisan Vikas Patra (KVP), and Sukanya Samriddhi Accounts. An investment of up to  Rs.  1,50,000 in all or any of these schemes makes you eligible for tax deduction under Section 80 C of the Income Tax Act. Here are the latest interest rates offered by post office small saving schemes, according to the website of India Post – indiapost.gov.in :