Revision of commission payable to SAS agents on Kisan Vikas Patra (KVP)

Revision of commission payable to SAS agents on Kisan Vikas Patra (KVP)

F.No.2/4/2014-NS.II
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 15.09.2017

Subject: Revision of commission payable to SAS agents on Kisan Vikas Patra (KVP).

In partial modification of the instructions issued vide this Department’s O.M. of even no. dated 01.07.2015, the undersigned is directed to convey that the rate of commission payable to the authorised agents under the Standardised Agency System (SAS) for securing investment in Kisan Vikas Patra is revised from 1.0% to 0.5% with immediate effect.

2. This has the approval of Finance Minister.

Sd/-
(Padam Singh)
Regional Director (Sr.)