Small Savings Interest Rates
Interest Rates for Small Savings Schemes
Government of India vide their Office Memorandum (OM) F.No.1/4/2019-NS dated 30.06.2026 has stated that the interest rates on Small Savings Schemes for the second quarter of financial year 2026-27 starting from 1st July 2026 and ending on 30th September 2026 shall remain unchanged from those notified for the first quarter of FY 2026-27.
The rates are given below:
|
Scheme |
Rate of interest from 01.04.26 to 30.06.2026 |
Rate of interest from 01.07.26 to 30.09.2026 |
Compounding frequency |
|
Senior Citizens Savings Scheme (SCSS) |
8.20% |
8.20% |
Quarterly |
|
Public Provident Fund (PPF) |
7.10 % |
7.10 % |
Annually |
|
Sukanya Samriddhi Account Scheme (SSA Scheme) |
8.20 % |
8.20 % |
Annually |
|
Kisan Vikas Patra (KVP) |
7.50 % (will mature in 115 months) |
7.50 % (will mature in 115 months) |
Annually |
|
National Savings Certificate (NSC) |
7.70% |
7.70% |
Annually |
|
National Savings Monthly Income Account (NSMIS) |
7.40% |
7.40% |
No compounding (Monthly payout) |
|
National Savings 1 Year Time Deposit Account |
6.90% |
6.90% |
Quarterly |
|
National Savings 2 Year Time Deposit Account |
7.00% |
7.00% |
Quarterly |
|
National Savings 3 Year Time Deposit Account |
7.10% |
7.10% |
Quarterly |
|
National Savings 5 Year Time Deposit Account |
7.50% |
7.50% |
Quarterly |
The above rate of interest for SCSS, KVP, NSC, NSTDS and NSMIS scheme is applicable only for the accounts which will be opened from 01.07.26 to 30.09.2026.
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