Director/Chief Executive Officer/
Agency Banks Handling the Special Deposit Scheme 1975
Special Deposit Scheme
Payment of interest for calendar year 2018
We want to inform that gazette
notifications related to interest rates for SDS 1975 are available in
Government of India website viz. egazette.nic.in which
can be perused for guidance. You may please ensure that interest for the
calendar year 2018 for SDS 1975 is disbursed to the account holders as per
the rates mentioned in the gazette.
2. We advise that interest for
the calendar year 2018 may be disbursed to the SDS account holders
preferably through electronic mode on January 01, 2019 itself,
subject to instructions, as applicable now, contained in 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.