An Organisation for the welfare of postal employees

Tuesday, April 10, 2012

Circle Working Committee meeting

The next Circle working committee of National Association of Postal Employees, Group ‘C’, Kerala Circle will be held at Tirur on 17.04.2012 and 18.04.2012.

Venue: Hotel Grand Palace, Poongottukulam Bus Stop, Tirur (500 mts from Railway Station)

Meeting will commence at 11: 00 AM on 17.04.2012.

Payment of Dearness Allowances wef 01.01.2012; Orders issued by Dept of Posts




Grant of Dearness relief to central Government pensioners/ family pensioners - revised rate from 01.01.2012.



Sunday, April 8, 2012

Revision of Interest rates of Small Savings Schemes wef 01.04.2012.

SB Order No 04/2012

No. 113-01/ 2011 – SB

Government of India

Ministry of Communications & IT

Department of Posts

Dak Bhavan, Sansad Marg

New Delhi – 110001

Date: 30.03.2012.

To,

All Heads of Circles/ Regions

Sub: Revision of Interest rates of Small Savings Schemes wef 01.04.2012.

Sir/ Madam,

The under signed is directed to say that vide its OM No 6-1/2011-NS-II(pt) dated 26.03.2012, Ministry of Finance(DEA) has revised interest rates of Small Savings Schemes from 1st April 2012. Detail about old and revised rates is given below:-

INTEREST RATE TABLE

Name of scheme

Period

Interest rates from 1.12.2011

Interest rates from 1.04.2012.

Savings Accounts

General

4.00%

4.00%

Time Deposit

1 Year

7.7%

8.20%

2 Year

7.8%

8.30%

3 Year

8.0%

8.40%

5 Year

8.3%

8.50%

5 Years Recurring Deposit

5 Years

8.0%

8.40%

Monthly Income Account

5 Years

8.2%

8.50%

Sr Citizen Savings Scheme Account

5 Years

9%

9.30%

Public Provident Fund Scheme Account

15 Years

8.6%

8.80%

National Savings Certificates(VIII) issue

5 Years

8.4%

8.60%

National Savings Certificate (IX-Issue)

10 Years

8.7%

8.90%

2.This is for information of the field staff as well as general public and Notifications will be circulated as an received from MOF(DEA)

3.This issued with the approval of DDG(FS)

Sd/-

Kawal Jit Singh

Asst Director(SB)