Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2023

SB Order No. 04/2023 – interest rates for Small Savings Schemes

SB Order No. 04/2023

F. No 113-03/2017-SB(Pt.1)
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)

Dak Bhawan, New Delhi -110001
Dated: 01.05.2023

To
All Head of Circles/Regions

Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2023

Sir/Madam,

In continuation of this office letter of even number dated 31.03.2023 on the above mentioned subject, the undersigned is directed to forward copies of the following gazette notifications issued by Department of Economic Affairs, Ministry of Finance in connection with the revision of interest rates for first quarter of Financial Year 2023-2024 for further necessary actions. Copies of the following notifications are enclosed.

(i) G.S.R. 324(E) Kisan Vikas Patra (Second Amendment) Scheme, 2023 dated 27.04.2023

(ii) G.S.R. 325(E) National Savings (Monthly Income Account) (Third Amendment) Scheme, 2023 dated 27.04.2023

(iii) G.S.R. 326(E) Senior Citizens’ Savings (Third Amendment) Scheme, 2023 dated 27.04.2023.

(iv) G.S.R. 327(E) National Savings Time Deposit (Second Amendment) Scheme, 2023 dated 27.04.2023.

(v) G.S.R. 328(E) Savings Certificates (VIII Issue) (Second Amendment) Scheme, 2023 dated 27.04.2023

(vi) G.S.R. 329(E) Sukanya Samriddhi Account (Amendment) Scheme, 2023 dated 27.04.2023.

(vii) G.S.R. 330(E) National Savings Recurring Deposit (Amendment) Scheme, 2023 dated 27.04.2023

  1. This is issued with the approval of the Competent Authority.

Yours Faithfully

(Devendra Sharma)
Assistant Director (SB-II)

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