Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2024: SB Order No. 23(A)/2023

Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2024: SB Order No. 23(A)/2023 dated 16.02.023

SB Order No. 23 (A) / 2023

No. 113-03/201 7-SB(Pt.1)
Govt. of India
Ministry of Communications
Department of Posts
(F.S. Division)

Dak Bhawan, New Delhi – 110001
Dated: 16.02.2024

Addendum

To
All Heads of Circles / Regions

Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2024.

Madam / Sir,

Kindly refer the SB Order No. 23/2023 dated 29.12.2023 issued in connection with the subject cited above.

2. In connection with the revision of interest w.e.f. 01.01.2024, the undersigned is directed to forward copies of gazette notifications issued by Department of Economic Affairs, Ministry of Finance in connection with the revision of interest rates for fourth quarter of FY 2023-24 for further necessary actions. Copies of the following notifications dated 12.02.2024 are enclosed.

(i). G.S.R. 108(E) National Savings Time Deposit (Amendment) Scheme, 2024
(ii), G.S.R. 109(E) Sukanya Samriddhi Account (Amendment) Scheme, 2024

3. This is issued with the approval of Competent Authority.

Encl: As above.

(Devender Kumar Sharma)
Assistant Director (SB-II)

Copy to:

1. Sr. PPS to Secretary (Posts)
2. PS to Director General Postal Services.
3. PPS/PS to Addl. DG (Co-ordination)/Member (Banking)/ Member (O)/ Member(P)/ Member (Planning & HRD)/Member (PLI)/Member (Tech)/AS & FA
4. Addl. Director General, APS, New Delhi
5. Chief General Manager, BD Directorate / Parcel Directorate / PLI Directorate
6. Sr. Deputy Director General (Vigilance) & CVO) / Sr. Dy. Director General (PAF)
7. Director, RAKNPA / GM, CEPT / Directors of all PTCs
8. Director General P & T (Audit), Civil Lines, New Delhi

Source: Department of Posts