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
|
| 5 Year 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
|
No comments:
Post a Comment