Senior Citizens Welfare Fund: Interest rate 5.81% from 1 April 2020 to 31st March, 2021

Senior Citizens Welfare Fund: Interest rate 5.81% from 1 April 2020 to 31st March, 2021

MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION

New Delhi, the 19th February, 2021

F. No. 13/20/2014-NS.—It is hereby notified that the deposits made under the Senior Citizens Welfare Fund, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. G.S.R. 322(E) dated 18th March, 2016, shall with effect from 1st April, 2020 to 31st March, 2021, bear interest at 5.81% (Five point eight one percent). This rate will be in force with effect from 1st April, 2020.

RAJAT KUMAR MISHRA,
Addl. Secy

Source: Senior Citizens Welfare Fund Interest Notification