The Finance Ministry has not made any change in the interest rates of small savings schemes for the quarter (April-June) starting from 1 April 2026. This has provided relief to those investing in schemes like PPF, NSC, SSY and Post Office Deposit.
Rates remained stable for the eighth consecutive quarter
The government has kept the interest rates of these schemes unchanged for the eighth consecutive time. Even before this, no change was made in the rates after the fourth quarter of 2023-24.
Know how much interest is given on which scheme
- 7.1% on PPF
- 7.7% on NSC
- 8.2% on Sukanya Samriddhi Yojana (SSY)
- 8.2% on Senior Citizens Savings Scheme (SCSS)
- 4% on post office savings account
- 7.1% on 3 year term deposit
- 7.5% on Kisan Vikas Patra (mature in 115 months)
- 7.4% on monthly income plan
How are interest rates decided?
The interest rates of small savings schemes are reviewed every quarter. For this, the recommendations of the Shyamala Gopinath Committee are made the basis, according to which the rates are kept slightly higher than the government bond yield so that investors can get attractive returns.
What does it mean for investors?
With the rates remaining stable, investors will continue to get the same returns as before and these schemes will remain a safe option amid uncertainty in the market. The decision of no change in interest rates is a relief for investors who rely on post office and government schemes for safe and stable returns.