Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2023- Addendum Notification: SB Order No. 04/2023
SB Order No. 04/2023
F. No 113-03/2017-SB(Pt.1)
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)
Dak Bhawan, New Delhi -110001
Dated: 01.05.2023
Addendum
To
All Head of Circles/Regions
Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.04.2023
Sir/Madam,
In continuation of this office letter of even number dated 31.03.2023 on the above mentioned subject, the undersigned is directed to forward copies of the following gazette notifications issued by Department of Economic Affairs, Ministry of Finance in connection with the revision of interest rates for first quarter of Financial Year 2023-2024 for further necessary actions. Copies of the following notifications are enclosed.
(i) G.S.R. 324(E) Kisan Vikas Patra (Second Amendment) Scheme, 2023 dated 27.04.2023
(ii) GSR. 325(E) National Savings (Monthly Income Account) (Third Amendment) Scheme, 2023 dated 27.04.2023
(iii) G.S.R. 326(E) Senior Citizens’ Savings (Third Amendment) Scheme, 2023 dated 27.04.2023.
(iv) G.S.R. 327(E) National Savings Time Deposit (Second Amendment) Scheme, 2023 dated 27.04.2023.
(v) G.S.R. 328(E) Savings Certificates (VIII Issue) (Second Amendment) Scheme, 2023 dated 27.04.2023
(vi) G.S.R. 329(E) Sukanya Samriddhi Account (Amendment) Scheme, 2023 dated 27.04.2023.
(vii) G.S.R. 330(E) National Savings Recurring Deposit (Amendment) Scheme, 2023 dated 27.04.2023
3. This is issued with the approval of the Competent Authority.
Yours Faithfully,
(Devendra Sharma)
Assistant Director (SB-II)
COMMENTS
Please you may contact in any S.B.I. BANK, U.S.A. nearer to your place they will guide you in this regard.
Iam a senior citizen(DOB-17-07-1944) &I would complete 79yrs and I shall be in Atlanta. USA and my return to Chennai.Tamil Nadu.on20-9-2023.I receive my monthly pension through UCO Bank .Mylapore Chennai-600028.I wish to open two Recurring Deposit accounts in the names of my two grandsons Adhip Sundar(DOB-6-1-2012)&Arudh Sundar (DOB-20-3-2015)who reside in Atlanta.Georgia.USA with their parents.Their mother is Deepa Sundar is my only daughterand Nominee to all our savings in India both in my name.A.VAIDHYANATHAN.and or in the name of my wife Geetha Vaidhyanathan. spread in UCO Bank.SBI.Mandaveli.Chennai.ICICIBank.RA
Puram Chennai 600028.HDFCBank.Chennai.and RAPuram. Post Office
Chennai-600028.Could you help me in opening these two RD accounts into which every month I shall deposit 20 dollars each for a period of 5years.My only stipulation is that the maturity proceeds should be paid in US Dollars.for utilization for their higher studies.Could you advise me in this regard.My ProvidentFund number is 12306 with UCO Bank.which I served 35yrs (1-9-1969 to 31-7-2004.)My address now is 7115.ROCKING HORSE LANE.CUMMING.GA 30040-6266.I can arrange to submit passport details of myself.my wife my two grandsons.my daughter and son in law .who are their guardians.as they are minors presently.
Regards.
A.Vaidhyanathan.
Cell no-9884876050.
Please you may contact in any S.B.I. BANK, U.S.A. nearer to your place they will guide you in this regard.
Please contact any SBI BANK (in any USA) they will guide you in this regard.