Revision of interest rates for Small Savings Schemes
F.No.01/04/2016-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 29.03.2019
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 1st April, 2016. Accordingly, the rates of interest on various small savings schemes for the first quarter of financial year 2019-20 staring 1st April, 2019 and ending on 30th June, 2019 shall remain unchanged from those notified for the fourth quarter of financial year 2018-19.
2. This has the approval of Finance Minister.
(Akhilesh Kumar Misra)
Director
Tele: 01123092744
To
1. The Secretary
Department of Expenditure
North Block, New Delhi.
2. The Secretary
Department of Revenue
North Block, New Delhi.
3. The Secretary
Department of Posts
Dak Bhawan
New Delhi
4. The Secretary
Department of Financial Services,
Jeevan Deep Building
Parliament Street, New Delhi.
5. Chief General Manager
Department of Govt. Bank & Accounts
Reserve Bank of India
Central Office, Mumbai.
6. Reserve Bank of India
Central Account Section
Additional Office Section
East High Court Road
Nagpur – 440 001.
7. Chief Secretaries of States/UT
Governments.
8. The Director
National Savings Institute
New Delhi.