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DG Post No. 113-01/2011-SB dated 30-03-2012
Subject: Revision in interest Rates of Small Savings Schemes
wef 1st April 2012
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 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 Accounts
|
General
|
4.00 %
|
4.00 %
|
|
Time Deposit
|
1 Years
|
7.7 %
|
8.20 %
|
|
|
2 Years
|
7.8 %
|
8.30 %
|
|
|
3 Years
|
8.0 %
|
8.40 %
|
|
|
5 Years
|
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 a an received from MOF (DEA)
3. This issues
with the approval of DDG(FS)
Sd/- (Kawal Jit Singh), Assistant Director (SB)
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