Small Savings Schemes: Govt Keeps Interest Rates Unchanged For April–June 2026 Quarter
Small Savings Schemes: Govt Keeps Interest Rates Unchanged For April–June 2026 Quarter
Rates for schemes like Sukanya Samriddhi, PPF and NSC remain same; decision ensures stability for investors
The Central government has decided to keep interest rates unchanged for all small savings schemes for the first quarter of the financial year 2026–27, from April 1 to June 30, 2026.
According to a notification by the Finance Ministry, interest rates for schemes such as Sukanya Samriddhi Yojana (SSY), Public Provident Fund (PPF), National Savings Certificate (NSC), and others will continue at the same levels as the previous quarter. This marks the eighth consecutive quarter with no change in rates.
Under the current structure, Sukanya Samriddhi Yojana will continue to offer an interest rate of 8.2%, while the Public Provident Fund remains at 7.1%. The National Savings Certificate will provide 7.7% interest, and Kisan Vikas Patra will continue at 7.5%.
Senior Citizen Savings Scheme also remains at 8.2%, while the Monthly Income Scheme offers 7.4%. Post Office Savings Account interest rate stays at 4%.
For fixed deposit-type schemes, the one-year term deposit offers 6.9%, two-year deposit 7.0%, three-year deposit 7.1%, and five-year deposit 7.5%. The five-year recurring deposit continues at 6.7%.
The government reviews these rates every quarter, usually based on government bond yields and overall market conditions. By keeping rates unchanged, the government aims to maintain financial stability and predictability for small investors at the beginning of the new financial year.
Small savings schemes remain popular among investors due to their sovereign guarantee, relatively higher returns compared to regular savings accounts, and tax benefits under Section 80C in certain cases. These schemes are widely accessible through post offices and major banks across the country.
Disclaimer: Interest rates and returns are subject to government policy changes; investors should verify details before making financial decisions.
