Post Office Monthly Income Account interest set at 8.4% for deposits from April 1, 2013. The Central Government amends the Post Office (Monthly Income Account) Rules, 1987 to insert a new clause in rule 8(1) specifying interest at 8.4 per cent. per annum for deposits made on or after 1 April 2013, and declares the amendment to be deemed effective from 1 April 2013.
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Post Office Monthly Income Account interest set at 8.4% for deposits from April 1, 2013.
The Central Government amends the Post Office (Monthly Income Account) Rules, 1987 to insert a new clause in rule 8(1) specifying interest at 8.4 per cent. per annum for deposits made on or after 1 April 2013, and declares the amendment to be deemed effective from 1 April 2013.
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