F.No./01.04.2016-NS
Government of India
Ministry of Finance
Department of Economics Affairs
Budget Division
North Bolck, New Delhi.
Dated : 28/06/2019
Subject- Rivision of interest rates of small savings Schemes
The undersigned is directed to refer this document Office Memorandum even dated 16 February 2016 vide which various decisions taken by the government regarding interest fixation of small savings Schemes were communicated to the all concerned.
On the basis of the decision of the government, interest rates of small savings Schemes are to be notified Quarterly basis Accordingly interest rates of small savings Schemes are for the second quarter of the financial year 2019-2020 starting from 1st July 2019 to 30 September 2019 on the basis of interest compounding /payment built-in in the scheme as under
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