Sukanya Samriddhi Account (Amendment) Scheme 2020: Revised Interest Rate Gazette Notification

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Sukanya Samriddhi Account (Amendment) Scheme 2020: Revised Interest Rate Gazette Notification

Sukanya Samriddhi Account (Amendment) Scheme 2020: Revised Interest Rate Gazette Notification

เคญเคพเคฐเคค เค•เคพ เคฐเคพเคœเคชเคคเฅเคฐ
The Gazette of India

เคธเฅ€.เคœเฅ€.-เคกเฅ€.เคเคฒ.-เค….-09052020-219318
CG-DL-E-09052020-219318

เค…เคธเคพเคงเคพเคฐเคฃ
EXTRAORDINARY

เคญเคพเค— IIโ€”เค–เคฃเฅเคก 3โ€”เค‰เคชเค–เคฃเฅเคก (i)
PART IIโ€”Section 3โ€”Sub-section (i)

เคชเฅเคฐเคพเคงเคฟเค•เคพเคฐ เคธเฅ‡ เคชเฅเคฐเค•เคพเคถเคฟเคค
PUBLISHED BY AUTHORITY


เคธเค‚. 216] เคจเคˆ เคฆเคฟเคฒเฅเคฒเฅ€, เคถเคจเคฟเคตเคพเคฐ, เคฎเคˆ 9, 2020/เคตเฅˆเคถเคพเค– 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. 288 (E).โ€”In exercise of the powers conferred by section 3Aof the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following Scheme to amend the Sukanya Samriddhi Account Scheme, 2019, namely:-

1. (1) This Scheme may be called the Sukanya Samriddhi Account (Amendment) Scheme, 2020.

(2) They shall be deemed to have come into force on the 1st day of April, 2020.

2. In the Sukanya Samriddhi Account Scheme, 2019, in paragraph 5, for sub-paragraph (1), the following sub- paragraph shall be substituted, namely:-

View:ย Sukanya Samriddhi Account Scheme in POSB(CBS) :ย  Amendments to procedural rules : S.B.Order 09/2020

โ€œ(1) The deposits made in the account between 12th December, 2019 to 31st March, 2020 (both days inclusive) and the balances at the credit of the account shall earn interest at the rate of 8.4 per cent. per annum.

(1A) The deposits made in the account on or after the 1st day of April, 2020 and the balances at the credit of the account shall earn interest at the rate of 7.6 per cent. per annum.โ€

[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 number G. S. R. 914 (E), dated the 12th December, 2019.

sukanya-samridhi-scheme-amendment-notification

Click here to view/download the PDF of Government Savings Promotion Act Notification dated 05.05.2020

 

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