DOE Order - Interest Rates For Small Savings Schemes Are Notified On Quarterly Basis since 1st April, 2016

Ministry Of Finance -  Interest Rates For Small Savings Schemes Are Notified On Quarterly Basis 

Interest rates for small savings schemes are notified on quarterly basis since 1st April, 2016

F.No.01/04/2016-NS

Government of India

Ministry of Finance

Department of Economic Affairs

(Budget Division)

North Block, New Delhi

Dated: 29.09.2017

Office Memorandum

Subject: Revision of interest rates for Small Savings Scheme

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 third quarter of financial year 2017-18 starting 1st October, 2017 shall remain unchanged form those notified for the second quarter of FY 2017-18.

2. This has the approval of Finance Minister.

sd/-

(H.K.Srivastav)

Director (Budget

Authority: http://dea.gov.in/