National Savings Time Deposit (Amendment) Scheme 2020: Notification – Revised Table of Interest
เคญเคพเคฐเคค เคเคพ เคฐเคพเคเคชเคคเฅเคฐ
The Gazette of India
เคธเฅ.เคเฅ.-เคกเฅ.เคเคฒ.-เค
.-09052020-219318
CG-DL-E-09052020-219318
เค
เคธเคพเคงเคพเคฐเคฃ
EXTRAORDINARY
เคญเคพเค IIโเคเคฃเฅเคก 3โเคเคช–เคเคฃเฅเคก (i)
PART IIโSection 3โSub-section (i)
เคชเฅเคฐเคพเคงเคฟเคเคพเคฐ เคธเฅ เคชเฅเคฐเคเคพเคถเคฟเคค
PUBLISHED BY AUTHORITY
เคธเค. 216] เคจเค เคฆเคฟเคฒเฅเคฒเฅ, เคถเคจเคฟเคตเคพเคฐ, เคฎเค 9, 2020/เคตเฅเคถเคพเค 19, 1942
No. 216]ย NEW DELHI, SATURDAY, MAY 9, 2020/VAISAKHA 19, 1942
MINISTRY OF FINANCE
(Department of Economic Affairs)ย
NOTIFICATION
New Delhi, the 5th May, 2020
G.S.R. 289 (E).โIn exercise of the powers conferred by section 3A of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme to amend the National Savings Time Deposit Scheme, 2019, namely:-
1. (1) This Scheme may be called the National Savings Time Deposit (Amendment) Scheme, 2020.
(2) They shall be deemed to have come into force on the 1st day of April, 2020.
View:ย National Time Deposit Schemes in POSB(CBS) : Amendments to procedural rules : S.B. Order 07/2020
2. In ย the ย National ย Savings ย Time ย Deposit ย Scheme, ย 2019 ย (hereinafter ย referred ย to ย as ย the ย said ย Scheme), ย in paragraph 7, in sub-paragraph (1),-
(a) In the Hindi version, at page 159, line 7, for โ7.9โ, read โ7.7โ.
(b) after the words โshall be applicable to the depositsโ, the following shall be inserted, namely:-
โmade between 12th December, 2019 to 31stย March, 2020 (both days inclusive)โ;
(c) after the table, the following sub-paragraph shall be inserted, namely:-
โ1(A) The rate of interest as specified in the table below shall be applicable to the deposits made on or after the 1st day of April, 2020 under the Scheme.โ
| Sl. No. | Category of account | Rate of Interest (per cent. per annum) |
| (1) | (2) | |
| 1. | One-year | 5.5 |
| 2. | Two-year | 5.5 |
| 3. | Three-year | 5.5 |
| 4. | Five-year | 6.7 |
[F. No. 1/04/2019-NS]
RAJAT KUMAR MISHRA, Jt. Secy.
Note: The principal Scheme was published in the Gazette of India, Extraordinary, Part II, section 3, sub-section (i), vide notification no. G.S.R. 922(E), dated the 12thย December, 2019.
COMMENTS