Govt. Notifies Revised Sum Payable on Deposit Made Under National Savings Recurring Deposit Scheme
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- By Chetan Kulasri
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- Last Updated on 8 November, 2023
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G.S.R. 818(E), dated 03-11-2023
The Govt. vide office memorandum F. No. 1/4/2019-ns, dated 29-9-2023, notified the interest rates on various Small Savings Schemes for the third quarter of the financial year 2023-24, starting from 1st October 2023 and ending on 31st December 2023. The interest rate remains unchanged for the 3rd quarter, except for the 5-year recurring deposit, which has been raised from 6.5% to 6.7%.
The Govt. has now notified the revised sum payable on deposits made under the National Savings Recurring Deposit Scheme considering the interest rate applicable for the third quarter of FY 2023-24.
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