ALL INDIA SAVINGS BANK CONTROL EMPLOYEES UNION, KERALA CIRCLE

Revision of interest rates for Small Savings Scheme from 1st Oct, 2016 to 31st Dec, 2016 Instruments Rate of interest   w.e.f. 01.07.2016   to 30.09.2016 Rate of interest   w.e.f. 01.10.2016   to 31.12.2016 Compounding   frequency* Saving Deposit 4.0 4.0 Annually 1 Year Time Deposit 7.1 7.0 Quarterly 2 Years Time Deposit 7.2 7.1 Quarterly 3 Years Time Deposit 7.4 7.3 Quarterly 5 Years Time Deposit 7.9 7.8 Quarterly 5 Years Recurring Deposit 7.4 7.3 Quarterly 5 Years Senior Citizens Savings Scheme 8.6 8.5 Quarterly and paid 5 Years Monthly Income Account Scheme 7.8 7.7 Monthly and paid 5 Years National Savings Certificate 8.1 8.0

ALL INDIA SAVINGS BANK CONTROL EMPLOYEES UNION PROPOSED TIME FACTOR FOR SBCO WORK UNDER CBS ENVIRONMENT Dear Comrades,                 The proposed Time factor is prepared by the CHQ and published in our Union Website. Please send your comments within 10 days through Email ID: aisbceu@gmail.com /  jskumarpost@gmail.com     to forward it to the Directorate. DATE: 17.09.2016                                   [P.A.MHATHRE, GENERAL SECRETARY] SI NO Category Mts 1 Receipt of Returns  - 100 Offices 150 2 Separation of Voucher, Consolidation & making Office wise Order - 100 Offices 200 3 Downloading Consolidation from FINACLE 150 SB / RD/ TD/ MIS /SCS/ PPF / SSA = 7 ( SSA Not available) -- 100 Offices 4 Downloading LOT from FINACLE - 100 Offices 300 5 Tallying Consolidation received from SOs with Consolidation generat