Small Savings Scheme - Interest Rates remain unchanged for 1st Quarter of 2019-2020 (01.04.2019 to 30.06.2019)
F.No.01/04/2016-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
Office Memorandum
North Block, New Delhi
Dated: 29.03.2019
Subject: Revision of interest rates for Small Savings Schemes.
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On the basis of the decision of the Government, interest rates for small savings schemes are notified on quarterly basis since 1st April, 2016 . Accordingly, the rates of interest on various small savings schemes for the first quarter of financial year 2019-20 staring 1st April, 2019 and ending on 30th June, 2019 shall remain unchanged from those notified for the fourth quarter of financial year 2018-19.
2. This has the approval of Finance Minister.
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(Akhilesh Kumar Misra)
Director
Tele : 01123092744
[https://dea.gov.in/sites/default/files/Black%20and%20White0583.pdf]