Tag Archives: Senior Citizen Savings Scheme

Interest @ 8.6% on Senior Citizen Savings Scheme notified by Govt

By | April 2, 2016

THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)] MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 29th March, 2016 G.S.R. 351(E).– In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby makes the following rules further to amend… Read More »

Govt increased Interest rate on Senior Citizen Savings Scheme

By | September 4, 2015

Govt. hikes interest rate to 9.3% for deposits under Senior Citizen Saving Scheme w.e.f April 1, 2015 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 27th July, 2015 G.S.R. 592(E).—In exercise of the powers conferred by section 15 of the Government Savings Banks Act, 1873 (5 of 1873), the Central Government hereby… Read More »