Interest Rate on Sukanya Samriddhi Account w.e.f. 1st July 2019

MINISTRY OF FINANCE
(Department of Economic Affairs)

NOTIFICATION

New Delhi, the 16th July, 2019

G.S.R. 505(E).— In pursuance of Rule 7, sub-rule (1) of the Sukanya Samriddhi Account Rules, 2016, the Central Government hereby notifies that the subscriptions made to the fund on or after the 1^st day of July, 2019 and the balances at the credit of the subscriber shall bear interest at the rate of 8.4 per cent. per annum.

[F. No. 1/04/2016-NS]

ARVIND SHRIVASTAVA, Jt. Secy.

Note: – The Sukanya Samriddhi Account Rules, 2014 were published in the Gazette of India (Extraordinary) vide notification number G. S. R. 863(E), dated the 2^nd December, 2014 and subsequently amended vide G.S.R. 593(E), dated the 27^th July, 2015, G.S.R. 352 (E), dated the 29^th March, 2016, G.S.R. 939 (E), dated the 30^th September, 2016, G.S.R. 387 (E), dated the 31^st March, 2017, G.S.R. 859 (E), dated the 30^th June, 2017, G.S.R. 28 (E), dated the 1st January, 2018 and G.S.R. 961 (E), dated the 28^th September, 2018.