Thursday, 5 July 2018

No change in Interest rates for Small Savings Schemes from 01 July 2018 to 30 Sep 2018.

No change in Interest rates for Small Savings Schemes from 01 July 2018 to 30 Sep 2018.

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 starting 1st July, 2018 and ending on 30th September, 2018 shall remain unchanged from those notified for the first quarter of financial year 2018-19. 
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2. This has the approval of Finance Minister. 

(Sakshi Kumar) 
Deputy Director
no-increase-in-interest-rate-of-small-saving-scheme

Source: Click here to view/download the PDF
[https://dea.gov.in/sites/default/files/Revision%20of%20Interest%20Rates%20for%202nd%20Quarter%20of%20FY%202018-19.pdf]



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