What is the interest rate on this scheme?

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• What is the interest rate on NSC?

  The interest rate on 5-year NSC VIII issue is 8% from 1/10/2018 onwards.

• What is the Interest rate on such bonds?

  Currently, an interest rate (coupon rate) of 6%, payable annually, is being offered on this bond annually on 1st April and final interest is payable at the time of maturity. The interest is taxable.

• Interest

  Any interest income received from saving bank account, FD/RD, income tax refund or any other mode. You can avail the benefit of Rs 10,000 U/S 80TTA from saving bank interest if age is below 60. If you are a senior citizen u can avail the benefit of ...

• How is the interest paid on NSC?

  The interest on NSC is accrued yearly. But is paid out only at the time of maturity. You can reinvest the interest back into the scheme.

• How is interest calculated on PPF?

  The interest rate in your PPF account is calculated on the lowest balance between the fifth and the last day of the month. Hence, to maximise your earnings, try making deposits between the 1st and the 5th of the month. Interest is compounded annually ...