The interest rates for various Small Savings Schemes will remain unchanged for the second quarter of the financial year 2024-25, which runs from July 1, 2024, to September 30, 2024. This means that the rates will be the same as those announced for the first quarter of FY 2024-25, which was from April 1, 2024, to June 30, 2024. The unchanged rates will apply to various schemes, providing stability and consistency for investors. The decision ensures that the interest rates remain consistent for the next three months, allowing investors to plan their investments accordingly.
F.No.1/4/2019-NS Government of India
Ministry of Finance
Department of Economic Affairs (Budget Division)
North Block, New Delhi Dated: 28.06.2024
OFFICE MEMORANDUM
Subject: Revision of Interest Rates for Small Savings Schemes - reg.
The rates of interest on various Small Savings Schemes for the second quarter of FY 2024-25 starting from 1 July, 2024 and ending on 30 September, 2024 shall remain unchanged from those notified for the first quarter (1" April, 2024 to 30 June, 2024) of FY 2024-25.
2.This has the approval of the competent authority.
Yemin 23/6/34
(Kapil Patidar)
Deputy Secretary (Budget) Tele-01123092649
To,
1. The Finance Secretary & Secretary Expenditure, Department of Expenditure North Block, New
Delhi.
3. The Secretary, Department of Revenue North Block, New Delhi.
5. The Secretary, Department of Posts Dak Bhawan, New Delhi.
7. Reserve Bank of India Central Account Section, Additional Office Building, East High Court Road, Civil Lines, P.B. No.15, Nagpur-440 001.
9. The Joint Director National Savings Institute, New Delhi.
2. The Secretary, Department of Economic Affairs North Block, New Delhi.
4. The Secretary, Department of Financial Services Jeevan Deep Building. New Delhi.
6. The Chief General Manager (DGBA) Reserve Bank of India, Central Office, Mumbai.
8. Chief Secretaries of States / UT Government
Download Source File from its official site :https://dea.gov.in/sites/default/files/Q2_2425.pdf
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