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

North Block, New Delhi
Dated: 30.06.2023

OFFICE MEMORANDUM

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

The rates of interest on various Small Savings Schemes for the second quarter of financial year 2023-24 starting from 1st July, 2023 and ending on 30th September, 2023 have been revised as detailed below:

2. This has the approval of competent authority.

(Kapil Patidar)
Deputy Secretary (Budget)

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

North Block, New Delhi
Dated: 29.09.2022

Office Memorandum

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

The rates of interest on various Small Savings Schemes for the third quarter of financial year 2022-23 starting from 1st October, 2022 and ending on 31st December, 2022 have been revised as detailed below:

9. This has the approval of competent authority.

Rate of interest on various Small Savings Schemes for the financial year 2022-23 starting from 1 April 2022 and ending on 30th June 2022

(Rajesh Kumar)
Under Secretary to Govt. of India

To,
1. The Finance Secretary & Secretary
Expenditure, Department of Expenditure
North Block, New Delhi.

2. The Secretary, Department of Economic Affairs
North Block, New Delhi.

3. The Secretary,
Department of Revenue
North Block, New Delhi.

4. The Secretary,
Department of Financial Services
Jeevan Deep Building, New Delhi.

5. The Secretary,
Department of Posts
Dak Bhawan, New Delhi.

6. The Chief General Manager (DGBA)
Reserve Bank of India, Central Office,
Mumbai.

7. Reserve Bank of India
Central Account
Additional Office Building
East High Court Road, Civil Lines, P.B. No.15,
Nagpur – 440 OO1.

8 Chief Secretaries of States /
UT Section Government

9. The Joint Director
National Savings Institute
New Delhi.

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Rate of interest on various Small Savings Schemes for the second quarter of financial year 2022-23 starting from 1st July, 2022 and ending on 30th September, 2022 shall remain unchanged

F.N0.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 30.06.2022

OFFICE MEMORANDUM

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

The rates of interest on various Small Savings Schemes for the second quarter of financial year 2022-23 starting from 1st July, 2022 and ending on 30th September 2022 shall remain unchanged from those notified for the first quarter (1st April, 2022 to 30th June, 2022) of financial year 2022-23.

2. This has the approval of competent authority.

(Rajesh Panwar)
Joint Director (Budget)

Interest Rate on Small Savings Scheme July to September 2022 PDF Download

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

North Block, New Delhi
Dated: 31.03.2022

OFFICE MEMORANDUM

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

The rate of interest on various Small Savings Schemes for the first quarter of financial year 2022-23 starting from 1 April, 2022 and ending on 30th June, 2022 shall remain unchanged from the current rates applicable for the fourth quarter (1st January, 2022 to 31st March, 2022) of FY 2021-22.

2. This has the approval of the competent authority.

(Rajesh Pawar)
Deputy Director (NS)

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SB Order No. 38/2020

e.F.No 113-03/2017-SB(Pt.1)
Govt. of India
Ministry of Communications
Department of Posts
(FS Division)

Dak Bhawan, New Delhi-110001
Dated: 31.12.2020

To,

All Head of Circles/Regions

Subject: Revision of interest rates for National (Small) Savings Schemes w.e.f. 01.01.2021

Sir/Madam,

The undersigned is directed to say that vide memorandum No. 1/4/2019-NS dated 30.12.2020 (copy enclosed), Govt. of India, Ministry of Finance, Department of Economic Affairs (Budget Division) have informed that the rate of interest on various Small Savings Schemes (National Savings Schemes) for the fourth quarter of financial year 2020-21 (starting from 1st January, 2021 and ending on 31st March, 2021) shall remain unchanged from those notified for the third quarter of Financial Year 2020-21 (01st October, 2020 to 31st December, 2020). The details are indicated below for ready reference:

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.

3. This issues with the approval of Competent Authority.

Yours Faithfully,

(Devendra Sharma)
Assistant Director (SB-II)

Copy to:-
1. Sr. PPS to Secretary (Posts)
2. PS to Director General Postal Services.

Source: dea.gov.in

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

North Block, New Delhi
Dated: 31.03.2020

OFFICE MEMORANDUM

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

In exercise of the powers conferred by Rule 9(1) of the Government Saving Promotion General Rules 2018, the rates of interest on various Small Savings Schemes for the first quarter of financial year 2020-21 starting from 1st April, 2020 and ending on 30th June 2020 have been revised as indicated below:

Also check: Rate of interest on various National Small Savings Schemes with effect from 1st January 2020

2. This has the approval of Finance Minister.

(Rajesh Panwar)
Dy. Direétor (Budget)

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F.No.01/04/2016-NS
Government of India
Ministry Of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 19.09.2018

Subject: Revision of interest rates for small savings schemes.

The undersigned is directed to refer to this Department’s OM of even number dated 16th February, 2016 vide which the various decisions taken by the Government Regarding interest fixation for small savings schemes were communicated to all concerned.

2. On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the third quarter of financial year 2018-19 starting 1st October, 2018 and ending on 31st December, 2018, on the basis of the interest compounding/payment built-in the schemes, shall be as under:-

*No change
3. This has the approval of Finance Minister.

(Padam singh)
Sr.Regional Director(NS)
Tele: 01123095155

Source: Dea.gov.in

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F.No.01/04/2016-NS

Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 02.07.2018

Office Memorandum

Subject: Revision of interest rates for Small Savings Schemes

On the basis of the decision of the Government, interest rates for small savings schemes are notified on quarterly basis since April, 2016. Accordingly, the rates of interest on various small savings schemes for the second quarter of financial year 2018-19 staring 1st July, 2018 and ending on 30th September, 2018 shall remain unchanged from those notified for the first quarter of financial year 2018-19.

2. This has the approval of Finance Minister.

S/d,
(Sakshi Kumar)
Deputy Director
Tel : 01123095764

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22 Mar,2018

The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme for the 4th Quarter of financial year 2017-18 is as below:

This was stated by Shri Shiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha.

Source : PIB

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Subject: Revision of interest rates for Small Savings Schemes.

The undersigned is directed to refer to this Department’s OM of even number dated 16th February, 2016, vide which the various decisions taken by the Government regarding interest fixation for small savings schemes were communicated to all concerned.

2. On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the fourth quarter of financial year 2017-18 starting 1st January, 2018, and ending on 31st March, 2018, on the basis of the interest compounding payment built-in in the schemes, shall be as under:

The post Revision of interest rates for Small Savings Schemes appeared first on CENTRAL GOVERNMENT EMPLOYEES NEWS.