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No Relief or Hike: Small Savings Scheme Rates Remain Same for 8th Straight Quarter
Small Savings Schemes: The government has not made any changes to the interest rates on small savings schemes like PPF, Sukanya Samriddhi Yojana, and NSC for the first quarter of the financial year 2026-27. How much return is available on each scheme and what are its tax benefits under Section 80C? Read our detailed report for complete information on safe investments.
The government has maintained the interest rates for small savings schemes for the first quarter of the 2026-27 financial year, which means the interest rates remain unchanged until June 30. This was notified by the Ministry of Finance in a notification. The interest rates for schemes such as the Public Provident Fund (PPF) and the National Savings Certificate (NSC) remain unchanged. This is the eighth consecutive quarter in which there have been no changes to the interest rates.
- PPF interest rate remains unchanged at 7.1%.
- Savings deposits in the post office remain unchanged at 4%.
- NSC interest rate for the period from April to June remains unchanged at 7.7%.
- Interest rate for the Sukanya Samriddhi scheme for girls’ education and marriage remains unchanged at 8.2%.
- The rate on three-year term deposits remains unchanged at 7.1%.
- The Kisan Vikas Patra (KVP) will offer 7.5% interest, with investments maturing in 115 months.
The Finance Ministry stated that these rates are the same as those notified for the fourth quarter of FY 2025-26 (March 31, 2026). The government last revised rates on select schemes in the fourth quarter of FY 2023-24. These schemes are considered safe for investors because they are sovereignly guaranteed by the government.
