SB Order No 01/2024: Government Maintains Small Savings Schemes (POSB) Interest Rates Unchanged
SB Order No. 01/2024: Government Maintains Small Savings Schemes Interest Rates Date: 21.03.2024
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2024.
No. 113-03/2017-SB(Pt.1) Government of India Ministry of Communications Department of Posts (F.S. Division) Dak Bhawan, New Delhi - 110001
Download SB Order No 01/2024 in PDF
The undersigned is directed to inform you that, according to memorandum No. 1/4/2019-NS dated 08.03.2024 (copy enclosed), the Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has notified that the rates of interest on various Small Savings Schemes (National Savings Schemes) for the first quarter of financial year 2024-25, starting from 1st April, 2024, and ending on 30th June, 2024, shall remain unchanged from those notified for the fourth quarter (1st January, 2024, to 31st March, 2024) of FY 2023-24.
It is requested to circulate this information to all concerned for their information and necessary guidance. Additionally, kindly display this notice on the notice board of all Post Offices in public areas.
This notification is issued with the approval of the Competent Authority.
Enclosures:
F.No.1/4/2019-NS Government of India Ministry of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated: 08.03.2024 OFFICE MEMORANDUM
Subject: Revision of interest rates for Small Savings Schemes - reg.
The rates of interest on various Small Savings Schemes for the first quarter of FY 2024-25 starting from 1st April, 2024, and ending on 30th June, 2024, shall remain unchanged from those notified for the fourth quarter (1st January, 2024, to 31st March, 2024) of FY 2023-24.
This has the approval of the competent authority.
This article presents the official communication regarding the maintenance of interest rates for Small Savings Schemes by the Government of India. It encapsulates the directives and ensures dissemination of the information to all relevant authorities and stakeholders in the postal service domain.
