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Thursday, November 24, 2011

Post Office Savings Bank interests are going to be changed w.e.f 01/12/2011 - Directorate orders Issued

Dear comrades,
It is known by the confidential sources that the Ministry of Finance is decided to change Post office Savings Bank interest rates with effect from 01/12/2011. All the Post offices are instructed to stop accepting the deposits through Cheque.Issue of Kisan Vikas Patras will be discontinued and there is no bonus will be paid on MIS accounts and NSC maturity period reduced to 5 Years and Agent commission is going to reduced to 0.5% on TD,MIS and NSC, No commission on PPF and Sr.Citizen Savings Scheme, RD commission enhanced to 4% w.e.f.01/12/2011. Directorate issued orders vide SB orders No.22 to 29/2011 dated 24/11/2011. The same may please be down loaded from the below link

Click here to get the directorate orders

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DOPT issued a wonderfull order regarding Govt. servants covered by New Pension Scheme

According to this order Govt. Servants who appointed on or after 01/01/2004 will cover New Pension Scheme can get Provisional Pension according to Old Pension Scheme where Govt.Servant Died/Retired on medical invalidation.For details Please click this link to down load the order



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