Monday, July 1, 2024

SB Order 04/2024 | Revision of Interest rate for Post Office Small Savings Scheme w.e.f 01/07/2024

  Admin       Monday, July 1, 2024

Download SB Order No. 04/2024 Interest rate revision from 01st July 2024

The Post Office Interest rate revision communication vide the Department of Posts (DOP) in its SB Order No.04/2024 File No. F.No 113-03/2017-SB(Pt.1) dated June 28, 2024. As per the directions of the Government of India's Ministry of Finance, Department of Economic Affairs (Budget Division) in memorandum No. 1/4/2019-NS dated June 28, 2024 (copy attached), there is no change in the existing interest rate.

Government of India 
Ministry of Communications
Department of Posts (Financial Services Division)
SB Order No. 04/2024

Dak Bhawan, New Delhi - 110001 
Dated: 28.06.2024
Το
All Head of Circles/Regions

Madam / Sir,
Subject:Revision of interest rates for Small Savings Schemes w.e.f. 01.07.2024

The undersigned is directed to say that, vide memorandum No. 1/4/2019-NS dated 28.06.2024 (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 second quarter of financial year 2024- 25 (starting from 1st July, 2024 and ending on 30th September, 2024) shall remain unchanged from those notified for the first quarter (1st April, 2024 to 30th June, 2024) of FY 2024-25.

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 is issued with the approval of the Competent Authority.

(P Ajit Kumar) Assistant Director (SB-I)

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/CEPT
6. Sr. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General (PAF)
7. Director, RAKNPA/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. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.
12. The Joint Director & HOD, National Savings Institute, ICCW Building, 4 Deendayal Upadhyay Marg, New Delhi-110002
13. All recognized Federations / Unions / Associations
14. Guard File/e-File.
(PAjit Kumar) Assistant Director (SB-I)

View Signed Copy of SB Order 04/2024 dated 28/06/2024
POSB Order for Interest Revision | Revision of Interest for the month of July August and September 2024 | No change in the existing Post Office Savings Scheme | Revision of Interest for Post Office Savings Bank as per Ministry of Finance Order | Download SB Order 04/2024 in PDF format | Download SB Order | SB Order 04 - 2024 for Revision of Interest rate for Post Office Small Savings Scheme w.e.f 01/07/2024 | India Post Savings Bank Interest Rate | DOP Interest rate from 01.07.2024

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