Special Deposit Scheme 1975 - Payment of interest for the calendar year 2013 - ஆர்பிஐ - Reserve Bank of India
Special Deposit Scheme 1975 - Payment of interest for the calendar year 2013
RBI/2013-14/415 December 18, 2013 The Chairman & Managing Director Dear Sir, Special Deposit Scheme 1975 – Please refer to our letter DGBA.CDD.H-3717/15.01.001/2012-13 dated December 28, 2012, on the captioned subject. 2. In this connection, we advise that interest for the calendar year 2013 may be promptly disbursed to the SDS account holders @ 8.8% per annum from 1st January 2013 to 31st March 2013 and @ 8.7% per annum from 1st April 2013 to 31st December 2013 through electronic mode such as ECS/NECS/ NEFT/RTGS or by way of account payee cheques on January 01, 2014 itself, subject to instructions, as applicable now, contained in paragraphs 3 and 4 of our circular CO.DT.No.15.01.001/H-3527/2003-04 dated December 30, 2003. 3. Please issue suitable instructions to all your Deposit Offices and acknowledge the receipt. Yours faithfully, (Surendra Prasad) |