The Small Savings Scheme interest rates will remain unchanged for the October-December 2026 quarter.
The government has kept the existing rates for PPF, NSC, KVP, Sukanya Samriddhi Yojana and other post office savings schemes unchanged.
Investors had expected a possible revision in some small savings rates. However, there has been no change for the second consecutive quarter, as the rates were also kept unchanged for July-September 2026.
Small savings schemes are widely used for relatively low-risk investments, and the government reviews their interest rates every three months.
Small Savings Scheme Rates Remain Unchanged
The Public Provident Fund (PPF) will continue to offer 7.1% annual interest. The National Savings Certificate (NSC) will continue to earn 7.7%.
The Sukanya Samriddhi Yojana and Senior Citizen Savings Scheme (SCSS) will continue to offer 8.2% interest. The Post Office Monthly Income Scheme will retain its 7.4% rate, while Kisan Vikas Patra (KVP) will continue at 7.5%.
Post Office Time Deposit rates will also remain unchanged. The one-year deposit offers 6.9%, while two-year and three-year deposits offer 7% and 7.1%, respectively.
The five-year Post Office Time Deposit offers 7.5% interest. The five-year Post Office Recurring Deposit continues to offer 6.7%.
How Are Small Savings Interest Rates Decided?
The government reviews small savings interest rates every quarter. The rates are linked to the yields on government securities, commonly known as G-Secs.
Different small savings schemes have different spreads over the corresponding government security yields. This means changes in G-Sec yields can influence the rates offered by these schemes.
However, the final decision on the interest rates rests with the government. The revised or unchanged rates are notified for each quarter.
When Were the Rates Last Changed?
The last change in small savings interest rates took place for the January-March quarter of 2024. In December 2023, the government had increased the rates of some schemes.
The interest rate on the three-year Post Office Time Deposit was increased from 7% to 7.1%. At the same time, the Sukanya Samriddhi Yojana rate was raised from 8% to 8.2%.
The Small Savings Scheme rates will now continue at their existing levels for the October-December 2026 quarter, giving investors clarity on the returns available from these government-backed savings options during the period.
