Government hike Treasury interest

s per the G.O (P) No. 50/2011/Fin dated 22.1.2011, Government had revised the rate of interest on term deposits in the Treasury with effect from 1.2.2011.Government have reviewed the  position again and are pleased to revise the rate of interest on term deposit of 3 years and above as follows .

EXISTING RATE

 FD 3 yrs & more (General)           @ 9.00% 

    FD 3 yrs & more (Senior Citizen)  @ 9.50%   

  

REVISED RATE

 F.D. 3 yrs & more (General)         @ 8.50%

  FD 3 yrs & more (Senior Citizen)  @ 9.00%

The rate of interest on other term deposits remain unchanged

For details view GO(P)No.143/2013/Fin Dated 25/03/2013