SB Order No.05/2012 - Revision in Interest Rates of Small Savings Schemes w.e.f 1st April 2012.

SB Order No.05/2012

No.113-01/2011-SB

Government of India

Ministry of Communications & IT

Department of Posts

Dak Bhawan, Sansad Marg,

New Delhi-110001.

Date: 19.04.2012

To

All Heads of Circles/Regions

Addl. Director General, APS, New Delhi.

Subject:- Revision in Interest Rates of Small Savings Schemes w.e.f 1st April 2012.

Sir / Madam,

The undersigned is directed to refer to this office SB Order No.4/2012 vide which it was conveyed that MOF(DEA) vide its OM No. 6-1/2011-NS-II (Pt.) dated 26.03.2012, has revised interest rates of Small Savings Schemes from 1st of April 2012. Revise interest rates were also conveyed.

2.      It is further informed that maturity value of a 5 Years RD account opened on or after 1.4.2012 with monthly deposit of Rs.10/- shall be Rs.746.51 and in case of 5 Years NSC VIII-Issue, maturity value of a certificate of Rs.100/- purchased on or after 1.4.2012 shall be Rs. 152.35 after 5 years. In case of 10 Years NSCIX- Issue, maturity value of a certificate of Rs.100/- purchased on or after 1.4.2012 shall be Rs.238.87.

3.      This is for information of the field staff as well as general public and Notifications will be circulated as an

received from MOF(DEA).

4.      This issues with the approval of DDG(FS)

Yours faithfully,

(Kawal Jit Singh)

Assistant Director (SB)