Aid reductionEndedPublic aidNational

Home savings plan (PEL): return cut to 2.5% excluding bonus for plans opened from August 2003

The order of 29 July 2003 sets the return on home savings plans at 2.5% excluding the bonus and the State savings bonus at 2/5 of the interest paid by the bank, i.e. 3.5% in total. The rate is fixed when the plan is opened: according to service-public.fr, it applies to PELs opened between August 2003 and January 2015, compared with 3.27% excluding bonus for those opened between June 2000 and July 2003.

Measure originators

InitiatorGVT

Francis Mer

Gouvernement

Impact on public finances

No official estimate found for this measure.

Effective date

1 August 2003

Measure impact

A lower return for new home savings plans, the cut covering both the rate paid by the bank and the State bonus.

Official references

Law number: Arrêté du 29 juillet 2003 (taux des PEL et montant de la prime)

Official Journal: JORF n° 174 du 30 juillet 2003

View on Légifrance

Sources

Arrêté du 29 juillet 2003 relatif au taux d'intérêt des dépôts des plans d'épargne logement et au montant de la primeOfficial

30 July 2003

Service-public.fr, Plan épargne logement (PEL) : taux de rémunération selon la date d'ouvertureOfficial

19 October 2026

Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

100%

2 / 2 steps

Completed

1 August 2003

Entry into force

Application

Immédiate ou à la date prévue

Nouveau taux applicable aux plans ouverts à compter d'août 2003 (service-public.fr).

Source

Completed

30 July 2003

Publication in Official Journal

Publication

Publication de l'arrêté du 29 juillet 2003 au Journal officiel.

Source