The Finance Ministry has kept interest rates unchanged for all major small savings schemes, including PPF, NSC and SCSS, for the July–September 2026 quarter.
Key Highlights:
- Government keeps small savings interest rates unchanged for July–September 2026.
- PPF, NSC, SCSS and other schemes retain existing interest rates.
- SCSS and Sukanya Samriddhi Yojana continue offering 8.2% interest.
- This is the ninth consecutive quarter with no change in rates.
- Existing rates remain effective from July 1 to September 30, 2026.
News Story:
New Delhi, July 1: The Ministry of Finance has announced that interest rates on all government-backed small savings schemes will remain unchanged for the July–September 2026 quarter, providing continued stability for millions of investors across the country.
The decision covers popular savings instruments such as the Public Provident Fund (PPF), National Savings Certificate (NSC), Senior Citizen Savings Scheme (SCSS), Sukanya Samriddhi Yojana (SSY), Kisan Vikas Patra (KVP), and Post Office Time Deposits.
According to the official notification, the interest rates applicable during the April–June 2026 quarter will continue without any revision from July 1 to September 30, 2026. This marks the ninth consecutive quarter in which the government has maintained the existing rates.
Among the various schemes, the Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY) continue to offer the highest annual interest rate of 8.2%, making them attractive options for long-term and retirement-focused investors.
The government reviews small savings interest rates every quarter, taking into account factors such as market conditions and government bond yields. However, the latest decision indicates a continued focus on providing predictable returns and encouraging long-term household savings.
