Good news for investors in National Savings Schemes, the government has increased the rate of return which will be applicable from April 1.
According to sources, the special savings rate increased from 1% to 11%, the regular savings certificate increased from 84% to 11.4%, the welfare and pension certificate increased from 48% to 12.72% and defense savings increased by 48%. The rate of return on certificates has been announced to increase from 60% to 10.92%. No change has been made in the profit of the savings account. The profit of the savings account has remained unchanged at 8.25%.
Economic analysts say that in order to increase the culture of savings in the country, the rate of return on savings schemes has been increased, after which it is hoped that in the coming days there will be increased public investment in savings schemes.
