HomeCGESmall Savings Schemes Interest Rates from January to March 2018

Small Savings Schemes Interest Rates from January to March 2018

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Small Savings Schemes Interest Rates from January to March 2018

F.No.01/04/2016-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

North Block, New Delhi
Dated: 27.12.2017

Office Memorandum

Subject : Revision of interest rates for Small Savings Schemes,

The undersigned is directed to refer to this Department’s OM of even number dated 16th February, 2016, vide which the various decisions taken by the Government regarding interest fixation for small savings schemes were communicated to all concerned.

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2. On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the fourth quarter of financial year 2017-18 starting 1st January, 2018, and ending on 31st March, 2018, on the basis of the interest compounding / payment built-in in the schemes, shall be as under:

Small Savings Schemes

3. This has the approval of Finance Minister

(Padam Singh)
Regional Director

Signed Copy

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