Revision of interest rates for Small Savings Schemes from July 2018
F.No.01/04/2016-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 02.07.2018
Office Memorandum
Subject: Revision of interest rates for Small Savings Schemes.
On the basis of the decision of the Government, interest rates for small savings schemes are notified on quarterly basis since April, 2016. Accordingly, the rates of interest on various small savings schemes for the second quarter of financial year 2018-19 staring 1st July, 2018 and ending on 30th September, 2018 shall remain unchanged from those notified for the first quarter of financial year 2018-19.
2. This has the approval of Finance Minister.
(Sakshi Kumar)
Deputy Director