Notified Rate of Interest on Special Deposit Scheme

Notified Rate of Interest on Special Deposit Scheme

Notified Rate of Interest on Special Deposit Scheme

F.No. 5 (4)-B(PD)/2021.—It is hereby notified that the deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds, announced in the Ministry of Finance (Department of Economic Affairs) Notification No.F.16(1)-PD/75 dated 30th June, 1975, shall with effect from 1st July, 2022 to 30th September, 2022 bear interest at 7.1% (seven point one percent). This rate will be in force w.e.f. 1st July, 2022.

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