Revision of Interest rates for Small Savings Schemes w.e.f. 01.01.2024.
SB Order No. 23 (A) / 2023, serves as an addendum to the previously issued SB Order No. 23/2023 dated 29.12.2023, regarding the revision of interest rates for Small Savings Schemes effective from 01.01.2024. It directs all Heads of Circles / Regions to refer to the mentioned SB Order and provides copies of gazette notifications from the Department of Economic Affairs, Ministry of Finance, pertaining to the revised interest rates for the fourth quarter of FY 2023-24.
113-03/2017-SB(Pt.1)
/89609/2024
SB Order No. 23 (A) / 2023
No. 113-03/201 7-SB(Pt.1)
Govt. of India
Ministry of Communications
Department of Posts
(F.S. Division)
Dak Bhawan, New Delhi – 110001
Dated: 16.02.2024
Addendum
To
All Heads of Circles / Regions
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2024.
Madam / Sir,
Kindly refer the SB Order No. 23/2023 dated 29.12.2023 issued in connection with the subject cited above.
2. In connection with the revision of interest w.e.f. 01.01.2024, 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 fourth quarter of FY 2023-24 for further necessary actions. Copies of the following notifications dated 12.02.2024 are enclosed.
(i). G.S.R. 108(E) National Savings Time Deposit (Amendment) Scheme, 2024
(ii), G.S.R. 109(E) Sukanya Samriddhi Account (Amendment) Scheme, 2024
3. This is issued with the approval of Competent Authority.
Encl: As above.
(Devender Kumar Sharma)
Assistant Director (SB-II)
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