Government Keeps Small Savings Scheme Interest Rates Steady for April-June 2026
New Delhi, March 30: The government on Monday announced that interest rates for various small savings schemes will remain unchanged for the eighth consecutive quarter, starting April 1, 2026. The decision covers popular schemes such as the Public Provident Fund (PPF), National Savings Certificate (NSC), and Sukanya Samriddhi Yojana (SSY).
A notification from the Finance Ministry stated that the interest rates for the first quarter of FY 2026-27 (April 1 to June 30, 2026) will stay the same as those applicable in the previous quarter (January-March 2026).
Key interest rates include:
- Sukanya Samriddhi Yojana (SSY): 8.2%
- Three-year term deposit: 7.1%
- Public Provident Fund (PPF): 7.1%
- Post Office Savings Deposit: 4%
- Kisan Vikas Patra (KVP): 7.5% with maturity in 115 months
- National Savings Certificate (NSC): 7.7%
- Monthly Income Scheme (MIS): 7.4%
The decision reflects the government’s focus on stability and predictability for small savers, providing a reliable avenue for long-term investment. These schemes continue to play a key role in encouraging financial discipline and savings among individuals, while offering safe returns amid broader economic fluctuations.
Experts note that keeping the rates unchanged benefits retirees, households, and risk-averse investors, who rely on these instruments for regular income and wealth accumulation.
With these measures, the government aims to maintain public confidence in small savings schemes and promote their continued use as a foundation of personal financial planning.
