Small Savings Schemes: Investors of Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Post Office Deposit and other small savings schemes will have to submit their Aadhaar number in the post office or bank branch by the end of this month. If you do not do this till this month, your small savings investment will be frozen, meaning it will be stopped.
PAN and Aadhaar number have become necessary to invest in PPF (Public Provident Fund), SSY (Sukanya Samriddhi Yojana), Senior Citizen Saving Scheme (SCSS) and other small savings schemes. In this context, a notification was issued by the Finance Ministry on 31 March 2023.
Account will be frozen from October 1
According to the notification of the Finance Ministry, if small saving customers had not submitted their Aadhaar number while opening PPF, SSY, NSC, SCSS or any other small saving account, then now they will have to provide this information by 30 September 2023. If you do not link your Aadhaar number with your small savings account within the given time limit, your account will be frozen from October 1, 2023.
- SCSS – 8.2 percent
- Sukanya Samriddhi Yojana – 8.0 percent
- NSC – 7.7 percent
- Kisan Vikas Patra – 7.5 percent
- 5 year deposit – 7.5 percent
- PO-Monthly Income Plan – 7.4 percent
- PPF – 7.1 percent
- 2 year deposit – 7.0 percent
- 3 year deposit – 7.0 percent
- 1 year deposit – 6.9 percent
- 5 year RD – 6.5 percent
