Revision of interest rates for Small Savings Schemes Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/revision-of-interest-rates-for-small-savings-schemes/ All about Central Government Employees News. Get the central govt employees latest news, DoPT Orders, 7th Pay Commission, DA Hike, latest notification for pensioners, MACP latest order, da for central government employees, and more. Sun, 01 Oct 2023 10:08:20 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://centralgovernmentnews.com/wp-content/uploads/2019/02/cropped-central-government-employees-news-32x32.png Revision of interest rates for Small Savings Schemes Archives - CENTRAL GOVERNMENT EMPLOYEES NEWS https://centralgovernmentnews.com/tag/revision-of-interest-rates-for-small-savings-schemes/ 32 32 Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2023 – DoP https://centralgovernmentnews.com/revision-of-interest-rates-for-small-savings-schemes-w-e-f-01-10-2023-dop/ https://centralgovernmentnews.com/revision-of-interest-rates-for-small-savings-schemes-w-e-f-01-10-2023-dop/#respond Sun, 01 Oct 2023 10:08:18 +0000 https://centralgovernmentnews.com/?p=41475 Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2023: Department of Posts SB Order No. 19/2023 dated 29.09.2023 SB Order No. 19/2023 F. No 113-03/ 2017-SB(Pt.1)Government of IndiaMinistry of CommunicationsDepartment of Posts(Financial Services Division) Dak Bhawan, New Delhi – 110001Dated: 29.09.2023 To All Head of Circles/ Regions Subject: Revision of interest rates for Small […]

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]]> Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2023: Department of Posts SB Order No. 19/2023 dated 29.09.2023

SB Order No. 19/2023

F. No 113-03/ 2017-SB(Pt.1)
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)

Dak Bhawan, New Delhi – 110001
Dated: 29.09.2023

To

All Head of Circles/ Regions

Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2023

Madam / Sir,

The undersigned is directed to say that, vide memorandum No. 1/4/2019-NS dated 29.09.2023 (copy enclosed), Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has informed that the rate of interest on various Small Savings Schemes (National Savings Schemes) for the third quarter of financial year 2023-24 (starting from 1st October, 2023 and ending on 31st December, 2023) have been revised as under.

Sl. No.Instrument/ SchemeRate of Interest from 01.07.2023 to 31.09.2023Rate of Interest from 01.10.2023 to 31.12.2023
1Post Office Saving Account4.04.0
21 Year Time Deposit6.96.9
32 Year Time Deposit7.07.0
43 Year Time Deposit7.07.0
55 Year Time Deposit7.57.5
65 Year Recurring Deposit6.56.5
7Senior Citizen Savings Scheme8.28.2
8Monthly income Account Scheme7.47.4
9Sukanya Samriddhi Account Scheme8.08.0
10Public Provident Fund Scheme7.17.1
11National Savings Certificate7.77.7
12Kisan Vikas Patra7.5
(will mature in 115 months)		7.5
(will mature in 115 months)

2. It is requested to circulate it to all concerned for information and necessary guidance. Same may also be placed on the notice board of all Post Offices in public area. The relevant calculation tables will be supplied in due course on receipt from the DEA/MoF.

3. This is issued with the approval of the Competent Authority.

(T.C. VIJAYAN)
Assistant Director (SB-I)

Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2023 - DoP

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