Interest Rate on Small saving has been increased wef 01.04.2012.Earlier saving schemes rates has also been revised wef 01.11.2011.
Sub: Revision of interest rates for small savings schemes.
The undersigned is directed to refer to Ministry of Finance's O.M. of even number dated 11th November, 2011, vide which the various decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), were communicated to all concerned.
2. One of the decisions of the Government based on the recommendations of the Committee relates to revision of interest rates every financial year, to be notified before rt April of that year. Accordingly, the rates of interest on various small savings schemes for the financial year 2012-13 effective from 1.4.2012, on the basis of the interest compounding/payment built-in in the schemes, shall be as under:
Download Increased in interest for PPF,NSc ,Senior citizen saving scheme , Mis (monthly income scheme) rate Notification wef 01.04.2012
1 year Time Deposit
2 year Time Deposit
3 year Time Deposit
5 year Time Deposit
5 year Recurring Deposit
5 year SCSS
5 year MIS
5 year NSC
10 year NISC
NSC Interest Rate chart From 01.03.2003 to 01.04.2012 is given below to show interest earned on NSC
|NSC Interest Rate chart From 01.03.2003 to 01.04.2012 is given below to show interest earned on NSC|
Tags:revised interest rates on nsc w.e.f 01.04.2012.New interest on post office saving ,post office saving rate increased , senior citizen saving scheme rate increased, monthly saving scheme rate increased , national saving scheme rate increased ,public provident fund interest rate increased wef 01/04/2012.Recurring deposit rate increased ..Interest rate on Post office time deposit rate increased
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