Small Savings Interest Rates Update: Revised Interest Rates Effective July 2024

Department of Posts has released the Small Savings Interest Rates with effect from 1.7.2024

Small Savings Interest Rates 2024

SB Order No. 04 / 2024

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: 28.06.2024

To

All Head of Circles/Regions

Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.07.2024

Madam / Sir,

The undersigned is directed to say that, vide memorandum No. 1/4/2019-NS dated 28.06.2024 (copy enclosed), Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has informed that the rates of interest on various Small Savings Schemes (National Savings Schemes) for the second quarter of financial year 2024-25 (starting from 1st July, 2024 and ending on 30th September, 2024) shall remain unchanged from those notified for the first quarter (1st April, 2024 to 30th June, 2024) of FY 2024-25.

2. It is requested to circulate it to all concerned for information and necessary guidance. Same may also be placed on the notice board of all Post Offices in public area.

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

(P. Ajit Kumar)
Assistant Director (SB-I)

View the DoP order pdf