The government has not made any changes to the interest rates on small savings schemes. These rates will remain the same for the eighth consecutive quarter starting from April 1, 2026.
This means investors will continue to get the same interest rates as before. Due to the current economic situation, there had been speculation that the government might reduce interest rates on some schemes, but no such decision has been taken.
Finance Ministry Issues Notification
The Finance Ministry has clarified through an official notification that the interest rates for all small savings schemes for the first quarter of FY 2026-27 (April 1 to June 30, 2026) will remain the same as the previous quarter, which was January 1 to March 31, 2026.
This clearly shows that the government does not consider any change in interest rates necessary at present.
Interest Rates on Different Schemes
Investors will continue to receive 8.2% interest on Sukanya Samriddhi Yojana, which remains the highest among all these schemes.
The three-year time deposit scheme will continue to offer 7.1% interest.
The Public Provident Fund (PPF) will also continue to provide 7.1% interest, while the Post Office Savings Deposit will keep offering 4% interest.
The Kisan Vikas Patra (KVP) will continue to provide 7.5% interest, and the investment will mature in 115 months.
The National Savings Certificate (NSC) will continue to offer 7.7% interest.
At the same time, investors in the Monthly Income Scheme (MIS) will continue to get a 7.4% return.
Rates Stable for the Eighth Straight Quarter
With this latest decision, the interest rates on small savings schemes have now remained unchanged for the eighth consecutive quarter.
The government last revised the rates for some schemes in the fourth quarter of FY 2023-24.
This means that the government is currently following a policy of stable interest rates, which is helping maintain stable returns for investors.
