Saturday, April 4, 2015

Small savings Revised rates in DOP Finacle

Small savings Revised rates in DOP Finacle w.e.f 01/04/2015.


Government Announces Interest Rates for Various Small Savings Schemes; Rates to Come Into Force with Effect from 01.04.2015
It was decided by the Government of India that interest rates on Small savings Schemes will be linked to yields on government securities of comparable
 maturity. In pursuance of that decision, the Government
has decided to revise the rates applicable on various
small savings schemes as given in the table below.

Scheme
Rate of interest
w.e.f. 01.04.2014
Rate of Interest
w.e.f.  01.04.2015
1.
2.
3.
 Savings Deposit
4.0
4.0
 1 Year Time Deposit
8.4
8.4
 2 Year Time Deposit
8.4
8.4
 3 Year Time Deposit
8.4
8.4
 5 Year Time Deposit
8.5
8.5
 5 Year Recurring Deposit
8.4
8.4
 5 Year SCSS
9.2
9.3
 5 Year MIS
8.4
8.4
 5 Year NSC
8.5
8.5
 10 Year NSC
8.8
8.8
 PPF
8.7
8.7
Kisan Vikas Patra
8.7
8.7
Sukanya  Samriddhi Account Scheme
9.1
9.2

The above rates will be effective from tomorrow i.e. 1.4.2015.

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