Rate of interest on various National Small Savings Schemes with effect from 1st January 2020
National Small Savings Schemes 2020 interest rate
SB Order No.01 /2020
F.No 113-03/ 2017-SB Govt. of India Ministry of Communication Department of Posts (F.S. Division)
Dak Bhawan, New Delhi-110001
All Head of Circles/ Regions Addi. Director General, APS, New Delhi
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.01.2020
The undersigned is directed to say that vide memorandum No. 01/04/2019-NS dated 31.12.2019 (copy enclosed), Govt. of India, Ministry of Finance, Department of Economic Affairs (Budget Division) have informed that the rate of interest on various National Small Savings Schemes for the fourth quarter of financial year 2019-20 ( starting from 1st January ,2020 and ending on 31st March, 2020) shall remain unchanged from those notified for the third quarter of Financial Year 2019-20 (01st October 2019 to 31st December, 2019). The details are indicated below for ready reference.
Rate of interest w.e.f. 01.10.2019 to 31.12.2019
Rate of interest w.e.f 01.01.2020 to 31.03.2020 (Unchanged)
3. It is requested to circulate it to all concerned for information and necessary guidance. Same may also be placed on the notice board of all Post Offices in public area.The necessary calculation tables will be supplied in due course on receipt from the DEA/ MoF.