CIRCULAR NO.DGBA/GBD.2573/15.02.005/2017-18, DATED 12-4-2018

MISCELLANEOUS – SMALL SAVINGS SCHEMES – INTEREST RATES ON SMALL SAVINGS SCHEMES FOR FIRST QUARTER OF FINANCIAL YEAR 2018-19 STARTING 1-4-2018 TO REMAIN UNCHANGED FROM THOSE NOTIFIED FOR FOURTH QUARTER OF FINANCIAL YEAR 2017-18

CIRCULAR NO.DGBA/GBD.2573/15.02.005/2017-18DATED 12-4-2018

Please refer to our circular DGBA.GBD.1781/15.02.005/2017-18 dated January 11, 2018 on the above subject. The Government of India, has vide their Office Memorandum (OM) No.F.No.01/04/2016–NS dated March 28, 2018 has stated that the interest rates on Small Savings Schemes for the first quarter of financial year 2018-19 starting 1st April , 2018 shall remain unchanged from those notified for the fourth quarter of FY 2017-18.

2. The contents of this circular may be brought to the notice of the branches of your bank operating Government Small Saving Schemes for necessary action. These should also be displayed on the notice boards of your branches for information of the subscribers to these Schemes.

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