April 03, 2012

SB ORDER NO 04/2012-ORDER ON INTEREST RATES


SB Order No.04/2012

No.113-01/2011-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.
Date: 30.03.2012

To
April 2012.

Addl. Director General, APS, New Delhi.
Subject:- Revision in Interest Rates of Small Savings Schemes w.e.f 1st April 2012.
Sir / Madam,
The undersigned is directed to say that vide its OM No. 6-1/2011-NS-II (Pt.) dated 26.03.2012,
Ministry of Finance (DEA) has revised interest rates of Small Savings Schemes from 1st of April 2012.
Detail about old and revised rates is given below:-

INTEREST RATE TABLE
Name of Scheme
Period
Interest rates from 1.12.2011
Interest rates
from 1.4.2012
Savings Account
General
4.00%
4.00%
Time Deposit
1 Year
7.7%
8.20%

2 Year
7.8%
8.30%

3 Year
8.0%
8.40%

5 Year
8.3%
8.50%
5 Years Recurring Deposit
5 years
8.0%
8.40%
Monthly Income Account
5 Years
8.2%
8.50%
Sr. Citizen Savings Scheme Account
5 Years
9%
9.30%
Public Provident Fund Scheme
Account
15 Years
8.6%
8.80%
National Savings Certificates (VIIIth) issue
5 Years
8.4%
8.60%
National Savings Certificate (IX-Issue)
10 Years
8.7%
8.90%

2.            This is for information of the field staff as well as general public and Notifications will be
circulated as an received from MOF(DEA).

 3.           This issues with the approval of DDG(FS)

Yours faithfully,

(Kawal Jit Singh)
Assistant Director (SB)
Copy to:-
1.   DDG(FS)/DDG(VIG)/JS&FA/DDG(PAF)/DDG(RB)/DDG (Estt.)/DDG(PG & Inspections)/DDG (PCO)
2.  Director (FS)/Director (CBS), Dak Bhawan.
2.   Director of Audit (P&T), Delhi.
4.  Resident Audit Officer, Room No.517-B, Dak Bhawan, New Delhi.

Reactions:

0 comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...
Related Posts Plugin for WordPress, Blogger...