The government has kept interest rates unchanged on all small savings schemes for the third quarter of FY 2026–27, covering 1 October to 31 December 2026.
The government has kept the interest rates on small savings schemes unchanged for the October–December 2026 quarter.
The Department of Economic Affairs, Ministry of Finance, announced that the rates applicable during the third quarter of FY 2026–27 will remain the same as those notified for the previous quarter.
The unchanged rates include:
Small Savings Scheme | Interest Rate |
Post Office Savings Deposit | 4.0% |
Post Office 1-year Time Deposit | 6.9% |
Post Office 2-year Time Deposit | 7.0% |
Post Office 3-year Time Deposit | 7.1% |
Post Office 5-year Time Deposit | 7.5% |
Post Office 5-year Recurring Deposit | 6.7% |
Senior Citizens Savings Scheme (SCSS) | 8.2% |
Post Office Monthly Income Account Scheme (MIS) | 7.4% |
National Savings Certificate (NSC) VIII Issue | 7.7% |
Public Provident Fund (PPF) | 7.1% |
Kisan Vikas Patra (KVP) | 7.5% |
Mahila Samman Savings Certificate | 7.5% |
Sukanya Samriddhi Account | 8.2% |
The rates will apply from 1 October to 31 December 2026.
What does it mean for you?
If you already hold or are considering a small savings scheme, the interest rate applicable for the previous quarter will continue for the October–December period. There is no change in the notified rates for PPF, SCSS, NSC, Sukanya Samriddhi Account and other small savings schemes.
The Department of Economic Affairs has listed the notification under its Small Savings interest-rate updates.
Source: Department of Economic Affairs, Ministry of Finance, Government of India.
