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.

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)

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Small savings interest rates 2023 | NSC interest rate 2023-23 | PPF interest rate 2022-23 | Senior citizen saving scheme interest rate 2023 | Post office senior citizen scheme interest rate 2023

From January 1, 2023, until March 31, 2023, the government increases the interest rate on small savings schemes (Time deposits, SCSS, MIS, NSC, and KVP).

F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 30.12.2022

OFFICE MEMORANDUM

Subject: Revision of interest rates for Small Savings Schemes – reg.

The rates of interest on various Small Savings Schemes for the fourth quarter of FY 2022-23 starting from 1st January, 2023 and ending on 31st March, 2023 have been revised as detailed below:

9. This has the approval of competent authority.

(Garud RD)
Under Secretary to Govt. of India

Download Revision of interest rates on Small Savings Schemes for Q4 of FY 2022-23 PDF

The post Rates of interest on various Small Savings Schemes for the fourth quarter of FY 2022-2023 starting from 1st January 2023 appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.