Free Demo

Special Deposit Scheme 1975 – Payment of interest for the calendar year 2015

RBI/2015-16/274
DGBA.GAD. No. 2023/15.01.001/2015-16

December 23, 2015

The Chairman & Managing Director 
Head Office
Government Accounts Department
State Bank of India / State Bank of Patiala
State Bank of Bikaner & Jaipur /State Bank of Travancore 
State Bank of Hyderabad / State Bank of Mysore
Allahabad Bank / Bank of Baroda / Bank of India / Bank of Maharashtra/
Canara Bank / Central Bank of India / Corporation Bank / Dena Bank / Indian Bank/ 
Indian Overseas Bank / Oriental Bank of Commerce / Punjab National Bank /
Syndicate Bank / UCO Bank / Union Bank of India / United Bank of India

Dear Sir,

Special Deposit Scheme 1975 –
Payment of interest for the calendar year 2015

Please refer to our letter DGBA.CDD.2600/15.01.001/2014-15 dated December 12, 2014, on the captioned subject.

2. In this connection, we advise that interest for the calendar year 2015 may be promptly disbursed to the SDS account holders @ 8.7% per annum from 1st January 2015 to 31st December 2015 through electronic mode such as ECS/NECS/ NEFT/RTGS or by way of account payee cheques on January 01, 2016itself, subject to instructions, as applicable now, contained in paragraphs 3 and 4 of our circular CO.DT.No.15.01.001/H-3527/2003-04 dated December 30, 2003.

3. Please issue suitable instructions to all your Deposit Offices and acknowledge the receipt.

Yours faithfully,

(V S Prajish)
Assistant General Manager

High-volume of Loyal and Trusted Customers!

We feel proud in offering export-import data information services to our respected clients.

Obtain a free import-export sample report on desired products.

We do not provide any assistance directly in selling or Buying any product.

Thank You

Big thanks to showing your interest in SEAIR Exim Solutions. We’ve currently received your request for data information. We will return on the same query in a short span of time.

Top