Interest Rates of Post Office Small Saving Schemes Cut Down w.e.f 01.04.2013
New Delhi,
25th March, 2013
Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year,before 1st April of that year. Accordingly, the rate of interest on various small savings schemes for the financial year 2013-14 effective from 01.04.2013, on the basis of the interest compounding/ payment built-in in the schemes, shall be as under :
Scheme
|
Present Rate of Interest
|
Rate of Interest w.e.f 01.04.2013
|
Remarks
|
PPF
|
8.8
|
8.7
| |
MIS
|
8.5
|
8.4
| |
NSC 5 YEAR
|
8.6
|
8.5
| |
NSC 10 YEAR
|
8.9
|
8.8
| |
SCSS
|
9.3
|
9.2
| |
RD
|
8.4
|
8.3
| |
1 YEAR TD
|
8.2
|
8.2
|
NO CHANGE
|
2 YEAR TD
|
8.3
|
8.3
|
NO CHANGE
|
3 YEAR TD
|
8.4
|
8.4
|
NO CHANGE
|
5 YEAR TD
|
8.5
|
8.5
|
NO CHANGE
|
Saving Deposit
|
4.0
|
4.0
|
NO CHANGE
|
No comments:
Post a Comment