Revision of interest rates for Small Savings Schemes
The Office Memorandum issued by the Government of India’s Ministry of Finance, Department of Economic Affairs, Budget Division, states that the interest rates on Small Savings Schemes for the first quarter of FY 2024-25, from April 1st, 2024 to June 30th, 2024, will remain unchanged from the rates set for the fourth quarter of FY 2023-24, ending on March 31st, 2024.
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.
2. This has the approval of the competent authority.
(Kapil Patidar)
Deputy Secretary (Budget)
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