Small Saving Schemes – The government has kept interest rates on various small savings schemes unchanged for the third quarter (October-December) of the financial year 2025-26. Interest rates on several popular savings schemes, including the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), and Senior Citizen Savings Scheme (SCSS), will remain unchanged for this quarter.
The interest rate on Public Provident Fund (PPF) will be 7.1%, on Sukanya Samriddhi Yojana and Senior Citizen Savings Scheme 8.2%, on National Savings Certificate (NSC) 7.7%, and on Kisan Vikas Patra (KVP) 7.5%. The interest rate on Post Office Monthly Income Scheme (POMIS) will also continue to be 7.4%.
Also, 7.5% interest will be available on five-year term deposits, 7.1% interest will be available on three-year term deposits. The government has maintained stability in interest rates for the sixth consecutive quarter, which is a matter of relief for pensioners, senior citizens, and middle-class families.
Despite the Monetary Policy Committee (MPC) cutting the repo rate three times this year, the government has not reduced interest rates on small savings schemes. This decision comes at a time of positive signs of strengthening rupee and economic growth. According to experts, the stable interest rates of these schemes offer a safe and reliable option for investors, especially those looking to protect their long-term savings.
These savings schemes not only offer tax savings but are also considered ideal for children’s futures. This announcement by the Finance Ministry is important for financial planners ahead of Diwali, as they can now better adjust their investment strategies.
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