The revision of interest rates for Small Savings Schemes and PPF for the first quarter of financial year 2020-21 starting from 1st April, 2020 and ending on 30th June 2020 have been reduced.
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)
North Block, New Delhi
Dated: 31.03.2020
OFFICE MEMORANDUM
Subject: Revision Of interest rates for Small Schemes – reg.
In exercise Of The powers concurred by Rule 9(1) of the Government Saving Promotion General Rules, 2018, the revision of interest rates for Small Savings Schemes for the first quarter of financial year 2020- 21 starting from 1st April, 2020 and ending on 30th June 2020 have been revised as indicated below:
This has the approval of Finance Minister.
sd/-
(Rajesh Panwar)
Dy. Director (Budget)
Source: finmin
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