Rate of Interest under Special Deposit Scheme

Rate of Interest under Special Deposit Scheme

Rate of Interest under 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 January, 2023 to 31st March, 2023 bear interest at 7.1% (seven point one percent).

This rate will be in force w.e.f. 1st January, 2023.

Notification

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