SB Order No.04/2012
No.113-01/2011-SB
Government of India
Ministry of Communications & IT
Department of Posts
Dak Bhawan, Sansad Marg,
New Delhi-110001.
Date: 30.03.2012
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 say that vide its OM No. 6-1/2011-NS-II (Pt.) dated 26.03.2012,
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 say that vide its OM No. 6-1/2011-NS-II (Pt.) dated 26.03.2012,
Ministry of Finance (DEA) has revised interest rates of Small Savings Schemes from 1st of April 2012.
Detail about old and revised rates is given below:-
INTEREST RATE TABLE | |||
Name of Scheme | Period | Interest rates from 1.12.2011 | Interest rates from 1.4.2012 |
Savings Account | General | 4.00% | 4.00% |
Time Deposit | 1 Year | 7.7% | 8.20% |
2 Year | 7.8% | 8.30% | |
3 Year | 8.0% | 8.40% | |
5 Year | 8.3% | 8.50% | |
5 Years Recurring Deposit | 5 years | 8.0% | 8.40% |
Monthly Income Account | 5 Years | 8.2% | 8.50% |
Sr. Citizen Savings Scheme Account | 5 Years | 9% | 9.30% |
Public Provident Fund Scheme Account | 15 Years | 8.6% | 8.80% |
National Savings Certificates (VIIIth) issue | 5 Years | 8.4% | 8.60% |
National Savings Certificate (IX-Issue) | 10 Years | 8.7% | 8.90% |
2. This is for information of the field staff as well as general public and Notifications will be
circulated as an received from MOF(DEA).
3. This issues with the approval of DDG(FS)
Yours faithfully,
(Kawal Jit Singh)
Assistant Director (SB)
Copy to:-
1. DDG(FS)/DDG(VIG)/JS&FA/DDG(PAF)/DDG(RB)/DDG (Estt.)/DDG(PG & Inspections)/DDG (PCO)
2. Director (FS)/Director (CBS), Dak Bhawan.
2. Director (FS)/Director (CBS), Dak Bhawan.
2. Director of Audit (P&T), Delhi.
4. Resident Audit Officer, Room No.517-B, Dak Bhawan, New Delhi. 
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