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Good news for you if you invest in small savings schemes. The central government has increased the interest rates on 2 small savings schemes for the first quarter of the new year i.e. January-March 2024. This increase in the interest rate of small savings schemes has been done by 10-20 bps. Small savings schemes whose interest rates have increased include Sukanya Samriddhi and 3-year Post Office FD. Sukanya’s interest rate has increased by 20 bps.
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