Small Savings Scheme interest rates unchanged for July-September quarter; Latest PPF, SCSS, SSY returns

New Delhi: The Center on Tuesday kept interest rates on all small savings schemes unchanged for the second quarter of the financial year 2026-27, ensuring that investors will continue to receive the same returns from July 1 to September 30, 2026.

The decision was announced by the Department of Economic Affairs under the Ministry of Finance through an Office Memorandum, which stated that interest rates for the July-September quarter will remain unchanged from those applicable during April-June 2026.

No Change in Key Schemes

Among the major government-backed savings schemes, the Public Provident Fund (PPF) will continue to offer 7.1% annual interest. The Senior Citizens Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY) will remain at 8.2%, the highest among the popular small savings schemes.

The National Savings Certificate (NSC) will continue to earn 7.7%, while the Post Office Monthly Income Scheme (POMIS) will offer 7.4%. Kisan Vikas Patra (KVP) will carry an interest rate of 7.5%, with investments maturing in 115 months.

Post Office Deposit Rates Unchanged

Interest rates on Post Office Time Deposits have also been retained. One-year deposits will continue to earn 6.9%, two-year deposits 7%, three-year deposits 7.1%, and five-year deposits 7.5%. The five-year Post Office Recurring Deposit will continue to offer 6.7% annually.

The government reviews interest rates on small savings schemes every quarter. However, no revision has been made for the July-September period, providing continuity for investors relying on these government-backed savings instruments.