Govt keeps small savings scheme rates unchanged for seventh straight quarter

The Indian government on Tuesday left interest rates on various small savings schemes, including Public Provident Fund (PPF) and National Savings Certificate (NSC), unchanged for the October-December quarter, extending a freeze that has lasted since early 2024.

“The rates of interest on various small savings schemes for the third quarter of FY 2025-26 … shall remain unchanged from those notified for the second quarter,” the finance ministry said in a notification.

Deposits under the Sukanya Samriddhi

Yojana will continue to earn 8.2%, while three-year term deposits remain at 7.1%. The PPF rate is steady at 7.1% and the post office savings deposit at 4%.

The Kisan Vikas Patra will carry an interest rate of 7.5% with a maturity of 115 months. The NSC rate remains at 7.7%, while the monthly income scheme will continue to yield 7.4%.

This marks the seventh straight quarter of no change in small savings rates, which are reviewed and notified by the government every quarter. The last adjustment was in the January-March 2024 period.

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