FINANCE

National Savings Certificate (NSC) Interest Rate FY 2023-24: Will it increase?

National Savings Certificate (NSC) Interest Rate April June 2023: The Finance Ministry is expected to announce the revised NSC interest rate today.

Also ReadPPF Interest Rate FY 2023-24: Will Public Provident Fund Deposit interest rate increase today?

National Savings Certificate (NSC) Interest Rate April June 2023: The Finance Ministry is expected to announce the revised National Savings Certificate (NSC) interest rate today (March 31) for the first quarter of FY 2023-24 starting tomorrow (April 1). For the fourth quarter of FY 2022-23, the NSC interest rate was 7%.

Also Read– How do prepaid wallets work with UPI?

It is expected that the Government may revise the NSC interest rate along with rates of some other small savings schemes like PPF, SCSS, SSY and Post Office Fixed Deposits.

(To be updated)

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