RBI/2017-18/74
DGBA.GBD.954/15.02.005/2017-18
October
12, 2017
The Chairman/Chief Executive
Officer
Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014,
Sukanya Samriddhi Account, Senior Citizen Savings Scheme-2004
Dear Sir
Interest
rates for Small Savings Schemes
Please refer to our circular
DGBA.GBD.69/15.02.005/2017-18 dated July 13, 2017 on the above
subject. The Government of India, had vide their Office Memorandum (OM)
No.F.No.01/04/2016–NS dated September 29, 2017 has stated that the interest
rates on small savings schemes for the third quarter of financial year
2017-18 starting 1st October, 2017 shall remain unchanged from those
notified for the second quarter of FY 2017-18 (copy enclosed).
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.
Yours faithfully,
(Harsha Vardhan)
Manager
Encl : as above
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