Revision of interest rates for Small Savings Schemes w.e.f. 01.07.2023: DOP

Revision of interest rates for Small Savings Schemes w.e.f. 01.07.2023: Department of Posts Order dated 30.06.2023

SB Order No. 15/2023

F. No 113-03/2017-SB(Pt.1)
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)

Dak Bhawan, New Delhi -110001
Dated: 30.06.2023

To
All Head of Circles/Regions

Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.07.2023

Sir/Madam,

Ministry of Finance, Department of Economic Affairs (Budget Division), Government of India vide Memorandum No. 01/4/2019-NS dated 30.06.2023 (copy enclosed) has informed that the rate of interest on various Small Savings Schemes (National Savings Schemes) for the second quarter of financial year 2023-24 starting from 1st July, 2023 and ending on 30th September, 2023 have been revised as under: –

2. It is requested to circulate it to all concerned for information, guidance and necessary action. Same may also be placed on the notice board of all Post Offices in public area. The relevant calculation tables will be supplied in due course on receipt from the DEA/MOF.

3. This issues with the approval of the Competent Authority.

Yours Faithfully

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

Source: Department of Posts