SB ORDER NO 04/2012-ORDER ON INTEREST RATES

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,

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 ratesfrom 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 andNotifications 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 of Audit (P&T), Delhi.

4.            Resident Audit Officer, Room No.517-B, Dak Bhawan, New Delhi.