SB Order 01/2024 : Revision of interest rates for Small Savings Schemes w.e.t.01.04.2024





No. 113-03/2017-SB(Pt.1) 
Government of India
Ministry of Communications 
Department of Posts (F.S. Division)
SB Order No. 01/2024
Dak Bhawan, New Delhi - 110001 
Dated: 21.03.2024

To
All Heads of Circles / Regions

Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2024.

Madam/Sir,
The undersigned is directed to say that, vide memorandum No. 1/4/2019-NS dated 08.03.2024 (copy enclosed), Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has informed that the rates of interest on various Small Savings Schemes (National Savings Schemes) for the first quarter of financial year 2024-25 (starting from 1st April, 2024 and ending on 30th June, 2024) shall remain unchanged from those notified for the fourth quarter (1st January, 2024 to 31st March, 2024) of FY 2023-24.

2.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.

3. This issues with the approval of Competent Authority.

Encl: As above.
(Devender Kumar Sharma)
Asst. Director (SB-II)
Copy to:

1.Sr. PPS to Secretary (Posts)
2.PS to Director General Postal Services.
3.PPS/PS to Addl. DG (Co-ordination)/Member (Banking)/ Member (O)/ Member(P) /Member (Planning & HRD)/Member (PLI)/Member (Tech)/AS & FA
4.Addl. Director General, APS, New Delhi
5.Chief General Manager, BD Directorate / Parcel Directorate / PLI Directorate
6.Sr. Deputy Director General (Vigilance) & CVO) / Sr. Dy. Director General (PAF)
7.Director, RAKNPA / GM, CEPT/Directors of all PTCs
8.Director General P & T (Audit), Civil Lines, New Delhi
9. Secretary, Postal Services Board/ All Deputy Directors General
10.All General Managers (Finance) / Directors Postal Accounts/DDAP 
11.All Sections of Postal Directorate
12.All recognized Federations/Unions / Associations
13.Deputy Secretary, DEA, MOF, NS-II, North Block, New Delhi-110001.
14.GM, CEPT for kind information and necessary actions.
15.Joint Director & HOD, ICCW Building, 4 Deendayal Upadhyay Marg. New Delhi
16.Chief Engineer (Civil), Posta1 Directorate
17.Guard File

(Devender Kumar Sharma) 
Asst. Director (SB-II)