In a notification, the finance ministry said the interest rates on small savings schemes for the first quarter of FY 2026–27, from April 1 to June 30, will remain the same as those notified for the fourth quarter (January 1 to March 31, 2026) of FY 2025–26.
“The rates of interest on various Small Savings Schemes for the first quarter of FY 2026–27, starting from April 1, 2026, and ending on June 30, 2026, shall remain unchanged from those notified for the fourth quarter (January 1, 2026 to March 31, 2026) of FY 2025–26,” the ministry said.
According to the notification, deposits under the Sukanya Samriddhi Scheme will continue to earn 8.2% interest, while the rate on a three-year term deposit remains at 7.1%.
The interest rates for the Public Provident Fund (PPF) and post office savings deposits have been retained at 7.1% and 4%, respectively.
The Kisan Vikas Patra will offer 7.5% interest, with investments maturing in 115 months.
The National Savings Certificate (NSC) will continue to provide 7.7% interest for the April–June quarter.
Meanwhile, the monthly income scheme will fetch 7.4% for investors during the same period.
Also read: India keeps small savings interest rates unchanged for seventh straight quarter
With this decision, interest rates on small savings schemes—largely operated through post offices and banks—remain unchanged for the eighth straight quarter. The government last revised rates on select schemes in the fourth quarter of 2023–24.
(Edited by : Ajay Vaishnav)