Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2022 – SB Order No. 15 /2022
This letter is to inform you that the interest rates for Small Savings Schemes will be revised starting on October 1, 2022. Please find enclosed copies of the gazette notifications from the Department of Economic Affairs, Ministry of Finance, which outline the revised rates for the third quarter of the fiscal year 2022-23. Please take the necessary actions based on these notifications
SB Order No. 15 /2022
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: 03.01.2023
Addendum
To
All Head of Circles/Regions
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.10.2022
Madam / Sir,
In continuation to this office letter of even number dated 29.09.2022 on the above mentioned subject, the undersigned is directed to forward copies of gazette notifications issued by Department of Economic Affairs, Ministry of Finance in connection with the revision of interest rates for third quarter of FY 2022-23 for further necessary actions. Copies of the following notifications are enclosed.
(i). G.S.R. 837 (E) Kisan Vikas Patra (Amendment) Scheme, 2022 dated 22.11.2022
(ii). G.S.R. 838 (E) National Savings Time Deposit (Amendment) Scheme, 2022 dated 22.11.2022
(iii). G.S.R. 839 (E) National Savings (Monthly Income Account) (Amendment) Scheme, 2022 dated 22.11.2022
(iv). G.S.R. 842 (E) Senior Citizens’ Savings (Amendment) Scheme, 2022 dated 22.11.2022
This is issued with the approval of the Competent Authority.
Encl: As above.
(T.C VIJAYAN)
Assistant Directér (SB-I)