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........ CITIZENS DUTY & SLOGAN ::: It shall be the duty of every Citizen of India to defend the Country and render National service when called upon to do so ... SLOGAN ::: "That loyalty to the Country becomes ahead of all other loyalties. And this is an absolute loyalty since one can not weight it in terms of what one receives" (Lal Bahadur Shastri) ..... ......... .......

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... ... ..................PLEASE NOTE THAT THE "AIPEU-GDS(NFPE)" WHICH WAS FOUNDED DURING APRIL,2012 HAS BEEN JOINED/MERGED/UNIFIED WITH AIGDSU AFTER THE IMPLEMENTATION OF A STRATEGIC PLAN ADOPTED BY NFPE. NOW THE AIPEUGDS (NFPE) IS NOT IN EXISTENCE....... HOWEVER THIS BOLG NAME REMAINS THE SAME .....

Monday, March 25, 2013

POST OFFICE SMALL SAVINGS SCHEMES - INTEREST RATES REVISED FROM 01-04-2013

Revision of Interest Rates for Small Savings Schemes With Effect from 1ST APRIL,2013

            Based on the decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), the interest rates for small saving schemes are to be notified every financial year, before 1st April of that year. Accordingly, the rate of interest on various small savings schemes for the financial year 2013-14 effective from 01.04.2013, on the basis of the interest compounding/ payment built-in in the schemes, shall be as under :


Scheme
Rate of Interest
w.e.f. 01.04.2012
Rate of Interest
w.e.f. 01.04.2013
1
2
3
Savings Deposit
4.0
4.0
1 Year Time Deposit
8.2
8.2
2 Year Time Deposit
8.3
8.2
3 Year Time Deposit
8.4
8.3
5 Year Time Deposit
8.5
8.4
5Year Recurring Deposit
8.4
8.3
5 Year SCSS
9.3
9.2
5 Year MIS
8.5
8.4
5 Year NSC
8.6
8.5
10 Year NSC
8.9
8.8
PPF
8.8
8.7

































Source : PIB