Ministry of Finance Department of Economic Affairs Budget Division

Interest on Senior Citizens Welfare Fund

Issue Date: 20 June 2025 Published: 20 June 2025

Gazette ID: CG-DL-E-20062025-264016 Download PDF

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Core Purpose

This notification declares the interest rate for deposits made under the Senior Citizens Welfare Fund for the period from 1st April, 2024 to 31st March, 2025.

Detailed Summary

The Ministry of Finance (Department of Economic Affairs) issued a notification on 20th June, 2025 (F. No. 13/20/2014-NS) in New Delhi, specifying the interest rate for deposits made under the Senior Citizens Welfare Fund. This fund was initially announced in the Ministry of Finance (Department of Economic Affairs) Notification No. G.S.R. 322(E) dated 18th March, 2016. The new notification states that these deposits shall bear interest at 3.35% (Three point three five percent) for the period from 1st April, 2024 to 31st March, 2025. This interest rate itself is in force with effect from 1st April, 2024. The notification was signed by Vyasan R, Joint Secretary.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-20062025-264016 EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 169] NEW DELHI, FRIDAY, JUNE 20, 2025/JYAISTHA 30, 1947 4053 GI/2025 THE GAZETTE OF INDIA : EXTRAORDINARY MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 20 June,2025 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, 2024 to 31st March, 2025, bear interest at 3.35% (Three point three five percent). This rate will be in force with effect from 1st April, 2024. VYASAN R, Jt. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054. SARVESH KUMAR Dyed by SARVESH SRIVASTAVA KUMAR SRIVASTAVA 20 22:10:19+05:30

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