Government Maintains Small Savings Schemes Rates Unchanged for April-June Quarter

Government Maintains Interest Rates on Small Savings Schemes for Eighth Consecutive Quarter

The government has decided to keep interest rates unchanged for various small savings schemes, including the Public Provident Fund (PPF) and the National Savings Certificate (NSC), for the eighth consecutive quarter starting April 1, 2026.

According to a notification issued by the finance ministry, the interest rates on small savings schemes for the first quarter of the fiscal year 2026-27, from April 1, 2026, to June 30, 2026, will remain the same as those notified for the fourth quarter of the fiscal year 2025-26.

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The rates for the Sukanya Samriddhi Scheme will continue to be 8.2 per cent, while the three-year term deposit will remain at 7.1 per cent. The PPF and post office savings deposits will also retain their interest rates at 7.1 per cent and 4 per cent, respectively. The Kisan Vikas Patra will offer 7.5 per cent interest, with investments maturing in 115 months. The National Savings Certificate (NSC) will continue to provide 7.7 per cent interest, and the monthly income scheme will fetch 7.4 per cent for investors during the same period.

This decision means that interest rates on small savings schemes will remain unchanged for the eighth straight quarter. The government last revised rates on select schemes in the fourth quarter of the fiscal year 2023-24.