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TMI BlogNational Savings Certificates (IX Issue) Amendment Rules, 2014.X X X X Extracts X X X X X X X X Extracts X X X X ..... nt hereby makes the following rules further to amend the National Savings Certificates (IX Issue) Rules, 2011, namely:- 1. (1) These rules may be called the National Savings Certificates (IX Issue) Amendment Rules, 2014. (2) They shall be deemed to have come into force on the 1st day of April, 2014. 2. In the National Savings Certificates (IX Issue) Rules, 2011 (hereinafter referred to as the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... est (rupees) accruing on certificate of Rs. 100 denomination First Year 8.99 Second Year 9.80 Third Year 10.68 Fourth Year 11.64 Fifth Year 12.69 Sixth Year 13.83 Seventh Year 15.08 Eighth Year 16.43 Ninth Year 17.91 Tenth Year 19.52 Note: The amount of interest accruing on a certificate of any other denomination shall be proportionate to the amount specified in th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . TABLE Period from date of certificate to date of its encashment Amount payable inclusive of interest (rupees) (1) (2) 3 years or more, but less than 3 years and 6 months 124.24 3 years and 6 months or more, but less than 4 years 128.81 4 years or more, but less than 4 years and 6 months 133.56 4 years and 6 months or more, but less than 5 years 138.48 5 years or more, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to all concerned the various decisions taken by the Government on the recommendations of the Shyamala Gopinath Committee for comprehensive review of National Small Savings Funds (NSSF). Accordingly, the rates of interests on various small savings schemes for the financial year 2014-15 revised with effect from Ist April, 2014 have been communicated vide its O.M. No.6-1/2011-NS.II, dated the 4th Ma ..... X X X X Extracts X X X X X X X X Extracts X X X X
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