Revision of interest rates for small savings schemes F.No.01/04/2016-NS Government of India Ministry Of Finance Department of Economic Affairs (Budget Division) North Block, New Delhi Dated: 19.09.2018 Subject:  Revision of interest rates for small savings schemes. The undersigned is directed to refer to this Department’s OM of even number dated 16th February, 2016 vide which the various decisions taken by the Government Regarding interest fixation for small savings schemes were communicated to all concerned. 2. On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the third quarter of financial year 2018-19 starting 1st October, 2018 and ending on 31st December, 2018, on the basis of the interest compounding/payment built-in the schemes, shall be as under:- Instrument Rate of interest w.r.f 01.07.2018 to 30.09.2018 Rate of i...