National Savings Scheme (NSS) account balance will not accrue any interest from October 1, 2024 ~ India Posts' Retired Officers' Association

UPCOMING EVENTS
Respected Sir/Ma'am, The Meeting & Family Get-Together is scheduled to be held on Saturday the 23rd November 2024 at 17.0 hrs (5.0.p.m.) at Arya Kshtriya Samaj Radhabai Mangal Karyalay, 2986 A Kapiltirth Kolhapur under the Chairmanship of Shri Vijay K. Khanna Ex Postmaster General Mumbai Region followed by vegetarian buffet Dinner at the venue at 21.0 (9.0 p.m.)There will be site seeing on Sunday the 24/11/2024 upto evening with Veg/Non-Veg Lunch.My earnest appeal to all the members who are in good health to attend the meeting & family get-together with their family members. It is also requested to the members to approach all Retired Gazetted Officer friends to attend in large numbers and not to miss this golden opportunity to continue your camaraderie with your long-time friends. The itinerary is as under: - Arrival at Kolhapur in the morning/afternoon of Saturday the 23rd November 2024, Darshan followed by Prasad, site seeing, Return to the venue of meeting, hi tea, meeting Dinner, halt. Sunday 24th November 2024 Breakfast, Site Seeing upto evening with Veg/Non-Veg Lunch Those who arrive on Friday the 22nd November & those who depart on 25/11/2024 necessary arrangement for stay will be made. With Profound Respects, Yours Sincerely U.P.C.Tauro Secretary IPROA Event - 1
Arrival on22nd or 23rd morning/Afternoon

Event - 2
Darshan /Prasad Event - 2 . Darshan/Prasad

Event - 3
Meeting/Family Get-Together Event - 3Meeting/Family Get-Together

Event - 4
site seeing on 24th Sunday Event - 4site seeing on 24th Sunday

Event - 5 Return in the evening
Event - 5Return in the evening

Tuesday, 10 September 2024

National Savings Scheme (NSS) account balance will not accrue any interest from October 1, 2024

The Ministry of Finance on August 29th 2024 has issued a critical notification that will impact all subscribers of the National Savings Scheme (NSS). The new notification stipulates that balances in the National Savings Scheme will no longer earn interest. This is a significant departure from the previous rules, where subscribers enjoyed a certain interest rate on their savings.

No Interest Accrual: From October 1, 2024, your NSS account balance will not accrue any interest. This marks a significant shift from the previously applicable interest rates, which were a key feature of the scheme.