SB ORDER dt 24.11.11 SCHEME FEATURE EXISTING REVISED w.e.f. 01.12.2011 REMARKS AND ACTION TO BE TAKEN 22 KVP CERTIFICATE ISSUE Available Discontinued Existing stock to be returned from SO to HO and from HO to CSD after 30.11.2011 23 NSC PERIOD 6 year 5 year Rubber stamp to be affixed in NSCs about new period and maturity value. MATURITY VALUE Rs.160.10 for Rs.100 Dn Rs.150.90 for Rs.100 Dn 10 YEAR NSC IX ISSUE Not Available Available Features not mentioned now. 24 PPF MAXIMUM SUBSCRIPTION LIMIT Rs.70,000 per annum Rs.1,00,000 per annum
INTEREST RATE 8 % p.a 8.6 % p.a New interest applicable for balance at credit in account from 01.12.2011 LOAN INTEREST 1% p.a 2% p.a 1 % p.a Int will continue for Loan taken before 30.11.11 25 MIS PERIOD 6 year 5 year Rubber stamp to be affixed in PB about the new features INTEREST RATE 8 % p.a 8.2 % p.a BONUS 5 % on pri. Discontinued 26 SB INTEREST RATE 3.5 % p.a 4% p.a New interest applicable for balance at credit from 01.12.2011 27 TD PMC (from 6 months to 1 year) No interest SB Interest For accounts closed on or after 01.12.2011 PMC deduction 2 % Int less 1 % Int less Refer Rule 8 and rate table in Rule 7 of POTD rules 1 TD INTEREST 6.25 % Q.C.I 7.7 % Q.C.I Interest applicable for accounts opened on or after 01.12.11(Q.C.I-Quarterly Compounded Interest) 2 TD INTEREST 6.5 % Q.C.I 7.8 % Q.C.I 3 TD INTEREST 7.25 % Q.C.I 8.0 % Q.C.I 5 TD INTEREST 7.5 % Q.C.I 8.3 % Q.C.I 28 RD MATURITY VALUE Rs.728.90 for Rs.10- Dn Rs.738.62 for Rs.10- Dn Proportionate value for other Denominations 29 AGENTCOMM PPF 1 % Discontinued Applicable for deposits made on or after 01.12.11 SCSS 0.5 % Discontinued MIS,TD,NSC 1 % 0.5 % RD (MPKBY) 4 % 4 %
SB ORDER dt 24.11.11 | SCHEME | FEATURE | EXISTING | REVISED w.e.f. 01.12.2011 | REMARKS AND ACTION TO BE TAKEN |
22 | KVP | CERTIFICATE ISSUE | Available | Discontinued | Existing stock to be returned from SO to HO and from HO to CSD after 30.11.2011 |
23 | NSC | PERIOD | 6 year | 5 year | Rubber stamp to be affixed in NSCs about new period and maturity value. |
MATURITY VALUE | Rs.160.10 for Rs.100 Dn | Rs.150.90 for Rs.100 Dn | |||
10 YEAR NSC IX ISSUE | Not Available | Available | Features not mentioned now. | ||
24 | PPF | MAXIMUM SUBSCRIPTION LIMIT | Rs.70,000 per annum | Rs.1,00,000 per annum | |
INTEREST RATE | 8 % p.a | 8.6 % p.a | New interest applicable for balance at credit in account from 01.12.2011 | ||
LOAN INTEREST | 1% p.a | 2% p.a | 1 % p.a Int will continue for Loan taken before 30.11.11 | ||
25 | MIS | PERIOD | 6 year | 5 year | Rubber stamp to be affixed in PB about the new features |
INTEREST RATE | 8 % p.a | 8.2 % p.a | |||
BONUS | 5 % on pri. | Discontinued | |||
26 | SB | INTEREST RATE | 3.5 % p.a | 4% p.a | New interest applicable for balance at credit from 01.12.2011 |
27 | TD | PMC (from 6 months to 1 year) | No interest | SB Interest | For accounts closed on or after 01.12.2011 |
PMC deduction | 2 % Int less | 1 % Int less | Refer Rule 8 and rate table in Rule 7 of POTD rules | ||
1 TD | INTEREST | 6.25 % Q.C.I | 7.7 % Q.C.I | Interest applicable for accounts opened on or after 01.12.11 (Q.C.I-Quarterly Compounded Interest) | |
2 TD | INTEREST | 6.5 % Q.C.I | 7.8 % Q.C.I | ||
3 TD | INTEREST | 7.25 % Q.C.I | 8.0 % Q.C.I | ||
5 TD | INTEREST | 7.5 % Q.C.I | 8.3 % Q.C.I | ||
28 | RD | MATURITY VALUE | Rs.728.90 for Rs.10- Dn | Rs.738.62 for Rs.10- Dn | Proportionate value for other Denominations |
29 | AGENT COMM | PPF | 1 % | Discontinued | Applicable for deposits made on or after 01.12.11 |
SCSS | 0.5 % | Discontinued | |||
MIS,TD,NSC | 1 % | 0.5 % | |||
RD (MPKBY) | 4 % | 4 % |
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