{"id":3086,"date":"2018-06-13T20:32:19","date_gmt":"2018-06-13T15:02:19","guid":{"rendered":"http:\/\/yourcareerheights.com\/?p=3086"},"modified":"2018-06-13T20:34:16","modified_gmt":"2018-06-13T15:04:16","slug":"banking-regulation-act-1949-section-26a-depositor-education-and-awareness-fund-scheme-2014-operational-guidelines-payment-of-interest","status":"publish","type":"post","link":"https:\/\/yourcareerheights.com\/?p=3086","title":{"rendered":"Banking Regulation Act, 1949 \u2013 Section 26A Depositor Education and Awareness Fund Scheme, 2014 \u2013 Operational Guidelines &#8211; Payment of Interest"},"content":{"rendered":"<div id=\"pl-3086\"  class=\"panel-layout\" ><div id=\"pg-3086-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-3086-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-3086-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-3086-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3>RBI vide its notification dated 7th June 2018 inform all the\u00a0Scheduled Commercial Banks (including RRBs),\u00a0Local Area Banks (LABs),\u00a0Urban Co-operative Banks \/ State Co-operative Banks \/District Central Co-operative Banks and\u00a0Small Finance Banks\/Payment Banks that wef 1st July 2018 the rate of interest has since been reviewed and it was\u00a0 decided that the rate of interest payable by banks to the depositors\/claimants on the unclaimed interest bearing deposit amount transferred to the Fund shall be\u00a0<span class=\"head\">3.5%<\/span>\u00a0simple interest per annum with effect from July 01, 2018. The settlement of all claims received by the banks on or after July 01, 2018 will be at this rate, until further notice.<\/h3>\n<p>Source: rbi.org.in<\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>RBI vide its notification dated 7th June 2018 inform all the\u00a0Scheduled Commercial Banks (including RRBs),\u00a0Local Area Banks (LABs),\u00a0Urban Co-operative Banks \/ State Co-operative Banks \/District Central Co-operative Banks and\u00a0Small Finance Banks\/Payment Banks that wef 1st July 2018 the rate of interest has since been reviewed and it was\u00a0 decided that the rate of interest payable&hellip;<\/p>\n","protected":false},"author":1,"featured_media":2765,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[38,52,94,45],"tags":[114,40,447],"class_list":["post-3086","post","type-post","status-publish","format-aside","has-post-thumbnail","hentry","category-banking","category-deposits","category-interest-rates","category-rbi","tag-interest-rates","tag-rbi","tag-unclaimed-deposits","post_format-post-format-aside"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/yourcareerheights.com\/wp-content\/uploads\/2017\/12\/Recap-Bond.jpg?fit=513%2C346&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/3086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3086"}],"version-history":[{"count":4,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/3086\/revisions"}],"predecessor-version":[{"id":3090,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/posts\/3086\/revisions\/3090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/2765"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}