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)
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
1 Year
2 Years
3 Years
5 Years
Rate of interest
per annum
8 percent
9 per cent
1 0 per cent
10j per cent
TABLE E
(for deposits made on or after the 1st April 1982.)
Period of deposit
1 Year
2 Years
3 Years
5 Years
Rate of interest
per annum
91 per cent
9J per cent
10i per cent
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
428/1
1873), the Central Government hereby makes the following rules
to amend the Post Office Recurring Deposit Rules, 1981, namely:—
1. Short title and commencement—(1) These rules may be
called the Post Office Recurring Deposit (Amendment) Rules,
1982.
(2) They shall come into force on the 1st day of April, 1982.
2. In the Post Office Recurring Deposit Rules, 1981,—
(i) in rule 9, in both the Schedules, for the last item,
'From 1-10-1979 onwards
778.10'
the following items shall be substituted, namely —
'From 1-10-1979 to 31-3-1982
778.10
From 1-4-1982 onwards
786.80'
(li) in rule 10, In sub-rule (2), in clauses (a) and (c), for the
words and figures "Table 1 or 2", the words and figures "Table
1, 2 or 11" shall be substituted;
(iii) in rule 11, in sub-rule (2), in clauses'(b) and (c), for the
words and figures "Table 3 or 4", the words and figures "Table
3, 4 or 12" shall be substituted;
(iv) in Tables 2 and 4, for the words, figures and letters "on
or after 1st October, 1979", the words figures and letters "on or
after 1st October, 1979, but before 1st April, 1982" shall be
substituted;
(v) in Table 9, the last item "60 760.00" shall be omitted;
(vi) after Table 10, the following Tables shall be inserted,
namely—
"TABLE 11
(See rule 10)
Amount, inclusive of interest, payable on an account opened
on or after 1st April, 1982 and continued, with monthly deposits,
beyond the maturity period or maturity period as extended under
sub-rule (1) of rule 7.
Number of completed years
for which the account is continued.
One year
Two years
Three years
Four years
Five years
Amount
(Rs.) re-
payable on an
account of Rs. 10/-
denomination
998.40
1232.90
1492.70
1780.40
2099.10
Note :—The amount repayable on an account of any other
denomination
shall
be proportionate
to
the
amount
specified above.
TABLE 12
Amount, inclusive of interest, repayable on an account
opened on or after 1st April, 1982 and continued, without any
fresh monthly deposits, beyoad the maturity period or maturity
period as extended under sub-rule (1) or rule 7.
Number of completed years for
which the account is continued.
One year
Two years
Three years
Four years
Five years
Amount (Rs.) re-
payable on an
account of Rs. 10
denomination.
871.50
965.40
1069.50
1184.70
1312.40
Note : The amount payable on an account of any other deno-
mination shall be proportionate to the amount specified
above".
[No. 2/7/82-NS(ii)]
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, 1982
