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Core Purpose

This notification specifies that deposits under the Senior Citizens Welfare Fund shall bear interest at 6.85% for the period from 1st April, 2025 to 31st March, 2026.

Detailed Summary

The Ministry of Finance (Department of Economic Affairs) issued a notification on 5th June, 2026, under File No. 13/20/2014-NS. This notification declares that deposits made under the Senior Citizens Welfare Fund, which was originally announced in Notification No. G.S.R. 322(E) dated 18th March, 2016, by the same Ministry and Department, shall accrue interest at a rate of 6.85% (Six point eight five percent). This specified interest rate will be applicable for the period from 1st April, 2025 to 31st March, 2026, and comes into force with effect from 1st April, 2025.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-08062026-273244 EXTRAORDINARY PART I-Section 1 PUBLISHED BY AUTHORITY No. 153] NEW DELHI, MONDAY, JUNE 8, 2026/JYAISTHA 18, 1948 MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 5th June, 2026 F. No. 13/20/2014-NS. — It is hereby notified that the deposits made under the Senior Citizens Welfare Fund, announced in the Ministry of Finance (Department of Economic Affairs) Notification No. G.S.R. 322(E) dated 18th March, 2016, shall with effect from 1st April, 2025 to 31st March, 2026, bear interest at 6.85% (Six point eight five percent). This rate will be in force with effect from 1st April, 2025. VYASAN R., Jt. Secy.

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