F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
Office Memorandum
North Block, New Delhi
Dated: 30.09.2019
Subject: Revision of interest rates for Small Savings Schemes.
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 third quarter of financial year 2019-20 starting from to October, 2019 and ending on 31st December, 2019 shall remain unchanged from those notified for the second quarter (1st July, 2019 to 3oth, September, 2019) of financial year 2019-2o.
2. This has the approval of Finance Minister.
(Sunil Chandhari)
Deputy Secretary (Budget)
Tele- 01123093810
To,
1. The Secretary
Department of Expenditure
North Block, New Delhi.
2. The Secretary
Department of Revenue
North Block, New Delhi.
3. The Secretary
Department of Posts
Dak Bhawan
New Delhi.
4. The Secretary
Department of Financial Services,
Jeevan Deep Building
Parliament Street, New Delhi.
5. The Director
National Savings Institute
New Delhi.
6. Chief General Manager
Department of Govt. & Bank
Accounts
Reserve Bank of India
Central Office, Mumbai.
7. Resent Bank of India
Central Account Section
Additional Office Section
East High Court Road
Nagpur — 44ooo1.
8. Chief Secretaries of States/UT Governments.
