DEPARTMENT OF SMALL SAVINGS
Brief details of Small Savings Department
The department of Small Savings is mainly concerned with the promotion of various Small Savings Schemes formulated by Ministry of Finance, Government of India, to promote the habit of thrift, to enable the people to cater for the future financial needs in a prudent manner. Small Savings Schemes are implemented through the Department of Posts, Govt. of India.
Small Savings Schemes at a glance
On the basis of the decisions of the Government, interest rates for Small Savings Schemes are to be notified on quarterly basis. Accordingly, the interest rates of various Small Savings Schemes for the second quarter (01/07/2018 to 30/09/2018) for the financial year 2018-19. On the basis of the interest compounding/payment built-in in the schemes, shall be as under-
The Ministry of Finance, Department of Economics Affairs (Budget Division) Govt. of India has revised interest rates of Small Saving Scheme for the third quarter of the financial year 2018-19 starting 1st October 2018 and ending on 31st December 2018. On the basis of the interest compounding/payment built-in in the scheme, shall be as under-
Role of Small Savings in State Development
100 per cent of the net collection under Small Savings is returned to the State by the Ministry of Finance, Govt. of India, as long term-soft loans. The long term repayment schedule makes it an excellent resource of the State for investment in development of infrastructures like- Roads, Hospitals, Schools, safe drinking water etc. In order to increase the resources, the department is taking all efforts to mobilize savings.
Small Savings Events
In order to create savings awareness among the general public, the Department of Small Savings observes the important days throughout the country every year as under-
- Women’s Savings Day – 15th April
- World Thrift Day – 30th Oct
For further details of the Schemes please contact
- Sri. Jotho Yun – Field Publicity Officer, Department of Small Savings
O/o Deputy Commissioner, Tezu
Lohit District, Arunachal Pradesh.
Mobile No- 9436049386
- Mukhya Dak Ghar, Tezu ( Post Office )
Telephone No – 03804-224150
- Authorised Small Savings Agents –
Smti. Sita Oli – Mob. No- 9485219656
Smti. Shiuli Das – Mob. No – 8131817558
‘SAVE TODAY FOR BETTER TOMORROW ‘ ‘GOOD RETURN AND 100 % GUARANTED’
‘INVEST YOUR HARD EARNED MONEY IN SMALL SAVINGS SCHEMES AND BE PARTNER IN STATE BUILDING PROCESS.’