SB Order No 5/2012 Revision of Interest Rates

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. Revised 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)

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.
3. Director of Audit (P&T), Delhi.
4. Resident Audit Officer, Room No.517-B, Dak Bhawan, New Delhi.
5. All Directors/Dy. Directors of Accounts, Postal
6. Director, Postal Staff College, Ghaziabad.
7. All Directors, Postal Training Centres.
8. Director PTC Mysore for uploading the SB order on India Post Web Site.
9. A.D (Tech), SDC Chennai O/o CPMG T.N.Circle, Chennai.
10. AD /Inspection/PF/Vigilance
11. All Accounts Officers ICO(SB)
12. All recognized unions.
13. MOF(DEA), NS-II, North Block, New Delhi
14. Director, NSI, CGO Complex,’A’Wing, 4th Floor, Seminary Hills, Nagpur-440006
15. PS to Member (T)
16. PPS to Secretary Posts