Government Keeps Small Savings Scheme Rates Steady for Third Quarter of FY 2026-27
The Finance Ministry announced that interest rates on all small savings schemes will remain unchanged for the October-December quarter, the tenth straight quarter of stability.
In a notification released on Wednesday, the Finance Ministry confirmed that interest rates for a range of small savings instruments will not change for the October-December period, extending a ten-quarter streak of unchanged rates. The Sukanya Samriddhi Scheme will earn 8.2%, while three-year term deposits remain at 7.1%. Core schemes such as the public provident fund and post office savings deposits are held at 7.1% and 4% respectively.
The National Savings Certificate stays at 7.7%, and the monthly income scheme continues to yield 7.4% for investors. Additionally, the Kisan Vikas Patra will offer 7.5% with a 115-month maturity. The last rate revision occurred in the fourth quarter of 2023-24, indicating a prolonged period of rate stability.
