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REGISTERED No. D. (D.N.)—72
The Gazette of India
EXTRAORDINARY
PART II—Section 3—Sub-section (i)
PUBLISHED BY AUTHORITY
No. 113] NEW DELHI, THURSDAY, APRIL 1, 1982/CHAITRA 11, 1904
Separate paging is given to this part in order that it may be filed as a separate
compilation
MINISTRY OF FINANCE
(Department of Economic Affairs)
NOTIFICATION
New Delhi, the 1st April, 1982
G.S.R. 300 (E)—In exercise of the powers conferred by
section 13 of the Government Savings Banks Act, 1873 (5 of
8 G1/83
(427)
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428 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(i)]
1873), the Central Government hereby makes the following rules
to amend the Post Office Time Deposit Rules, 1981, namely:—
1. Short title and commencement.—(1) These rules may be
called the Post Office Time Deposit (Amendment) Rules,
1982.
(2) They shall come into force on the 1st day of April,
1982.
2. In the Post Office Time Deposit Rules, 1981, in rule 7, for
Table D and the Note thereunder, the following Tables and
Note shall be substituted, namely :—
•TABLE D
(For deposits made on or after the 2nd March, 1981 but
before the 1st April 1982).
Period of deposit Rate of interest
per annum
1 Year 8 percent
2 Years 9 per cent
3 Years 1 0 per cent
5 Years 10j per cent
TABLE E
(for deposits made on or after the 1st April 1982.)
Period of deposit Rate of interest
per annum
1 Year 91 per cent
2 Years 9J per cent
3 Years 10i per cent
5 Years 101 Per cent
Note :—For deposits made on or after the 1st October, 1979,
interest will be payable at the rates specified in Table C
or Table D or Table E, as the case may be, calculated
at half-yearly rest."
[No. 2/7/82-NS (i)]
G.S.R. 301(E).—fn exercise of the powers conferred by
section 15 of the Government Savings Banks Act, 1873 (5 of
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428/1
1873), the Central Government hereby makes the following rules beyond the maturity period or maturity period as extended under
to amend the Post Office Recurring Deposit Rules, 1981, namely:— sub-rule (1) of rule 7.
1. Short title and commencement—(1) These rules may be Number of completed years Amount (Rs.) re-
called the Post Office Recurring Deposit (Amendment) Rules, for which the account is continued. payable on an
1982. account of Rs. 10/-
denomination
(2) They shall come into force on the 1st day of April, 1982.
One year 998.40
2. In the Post Office Recurring Deposit Rules, 1981,— Two years 1232.90
Three years 1492.70
(i) in rule 9, in both the Schedules, for the last item, Four years 1780.40
'From 1-10-1979 onwards 778.10' Five years 2099.10
the following items shall be substituted, namely — Note :—The amount repayable on an account of any other
'From 1-10-1979 to 31-3-1982 778.10 denomination shall be proportionate to the amount
From 1-4-1982 onwards 786.80' specified above.
(li) in rule 10, In sub-rule (2), in clauses (a) and (c), for the TABLE 12
words and figures "Table 1 or 2", the words and figures "Table
1, 2 or 11" shall be substituted;
Amount, inclusive of interest, repayable on an account
(iii) in rule 11, in sub-rule (2), in clauses'(b) and (c), for the opened on or after 1st April, 1982 and continued, without any
words and figures "Table 3 or 4", the words and figures "Table fresh monthly deposits, beyoad the maturity period or maturity
3, 4 or 12" shall be substituted; period as extended under sub-rule (1) or rule 7.
(iv) in Tables 2 and 4, for the words, figures and letters "on Number of completed years for Amount (Rs.) re-
or after 1st October, 1979", the words figures and letters "on or which the account is continued. payable on an
after 1st October, 1979, but before 1st April, 1982" shall be account of Rs. 10
substituted; denomination.
(v) in Table 9, the last item "60 760.00" shall be omitted; One year 871.50
Two years 965.40
(vi) after Table 10, the following Tables shall be inserted, Three years 1069.50
namely— Four years 1184.70
Five years 1312.40
"TABLE 11 Note : The amount payable on an account of any other deno-
mination shall be proportionate to the amount specified
(See rule 10) above".
Amount, inclusive of interest, payable on an account opened [No. 2/7/82-NS(ii)]
on or after 1st April, 1982 and continued, with monthly deposits, A. C. TIWARI, Joint Secy.
PRINTED BY THE MANAGER, OOVT. OF INDIA PRESS, RINO ROAD, NEW DELHI-110064
AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS, DELHI-110054, 1 9 8 2
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