Government Keeps Small Savings Interest Rates Unchanged for Eighth Straight Quarter
PPF, NSC, and Other Schemes Retain Existing Rates for April–June FY27
New Delhi, March 30: The government on Monday decided to keep interest rates unchanged for various small savings schemes, including the Public Provident Fund (PPF) and National Savings Certificate (NSC), for the eighth consecutive quarter starting April 1, 2026.In a notification, the finance ministry confirmed that the rates applicable for the first quarter of FY 2026-27, from April 1 to June 30, 2026, will remain the same as those notified for the January to March quarter of FY 2025-26.
Key Small Savings Scheme Interest Rates
According to the notification, the Sukanya Samriddhi Scheme will continue to offer an interest rate of 8.2 per cent. The three-year term deposit rate has been retained at 7.1 per cent.The widely used Public Provident Fund will continue to earn 7.1 per cent interest, while the post office savings deposit scheme remains at 4 per cent.
The National Savings Certificate will carry an interest rate of 7.7 per cent for the April to June quarter.
Other Scheme Rates Remain Stable
The Kisan Vikas Patra will offer 7.5 per cent interest, with investments maturing in 115 months. The Monthly Income Scheme will continue to provide returns at 7.4 per cent during the same period.Rates Unchanged Since 2023-24 Revision
With the latest decision, interest rates across small savings schemes, primarily operated through post offices and banks, have now remained unchanged for eight consecutive quarters.The government last revised rates on select schemes in the fourth quarter of the 2023-24 financial year.
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