Union Bank of India- Product

Search

Home You are here : path  Products path Personal path Government Saving Scheme

Image  Rate of Interest on Government Deposit


Rate of Interest on Government Deposit:
Rate of interest on these schemes is managed by Government of India and changes Quarterly as notified by GOI time to time.


Type of Account

Rate of Interest w.e.f 01.01.2018 (p.a.)

 5 Year Senior Citizens Savings Scheme (SCSS2004)

8.3%

Public Provident Fund Scheme, 1968 (PPF)

7.6%

Kisan Vikas Patra

7.3%

Sukanya Samridhhi Scheme

8.1%


Tax Concessions:
Deposits in the account ( Public Provident Fund, Senior Citizen Saving Scheme, Sukanya Samriddhi Account ) are exempted under section 80-C of Income Tax Act


union

union

  • Rewarded

    Rewarded

    Earn reward points on transactions made at POS and e-commerce outlets

  • Book your locker

    Book your locker

    Deposit lockers are available to keep your valuables in a stringent and safe environment

  • Financial Advice?

    Financial Advice?

    Connect to our financial advisors to seek assistance and meet set financial goals.

  • ATM & Branch Network

    ATM & Branch Network

    Find PNB Branches and ATMs in proximity to your location.