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22 Ιουλ 2024 · What is the SCSS interest rate? The SCSS interest rate for the second quarter of FY 2024–2025 is 8.2% p.a., which is around the highest for fixed-income low-savings plans. The rate is evaluated every three months and potentially increases.
11 Οκτ 2022 · Recently, the government hiked the rate of interest of the small savings schemes for the third quarter, i.e., October 1, 2022 to December 31, 2022. For SCSS, the increase was by 20 bps - from 7.40 per cent to 7.60 per cent.
27 Ιουλ 2024 · The current interest rate applicable to SCSS is 8.2% p.a. This interest rate is applicable from 1st April 2024 until 31st March 2025. The interest will be paid on a quarterly basis.
1 ημέρα πριν · The upper limit of the policy interest corridor, the Standing Lending Facility, will rise by 50 basis points to 11.50%, while the lower limit, the Standing Deposit Facility, will rise by 50 basis ...
You get a 9.5% interest rate at SA Retail Bonds for a R10,000 investment in a 5 year fixed deposit (if you are older than 18). The industry average is 8.85%. Over 5 years you will earn R362 more in interest at SA Retail Bonds compared to the average bank.
No Name of Schemes Maturity Limit Interest rate Tax Treatment Investors Pen. Key features of the existing National Savings Schemes. Key Features of NSS-2012 Sl. ... Bangladesh Prize Bond. 3-Month. Unlimited. 6.50%. 20% on prize money. Any persons-Bank, Bureau & Post office. 6. Wage Earner Development Bond . 5-Year . Unlimited. 11.80% (Compound)
An RSA Retail Savings Bond is an investment with the Government of South Africa which earns fixed or inflation linked interest for the term of the investment. Fixed Rate Retail Savings Bonds earn a market-related fixed interest rate payable on the interest payment dates until maturity.
