Big news for common people. The government has decided to keep the interest rates unchanged for various small savings schemes, such as the Public Provident Fund (PPF) and National Savings Certificate (NSC), for the first quarter of the financial year 2025-26, which runs from April 1 to June 30. This marks the fifth consecutive quarter without any adjustments to the interest rates. As per the recent notification, the Sukanya Samriddhi Yojana will continue to offer an interest rate of 8.2 percent on deposits.
Interest rates for post office savings remain the same
The interest rate for three-year fixed deposits will stay at 7.1 percent, consistent with the current quarter. Similarly, the rates for the widely used Public Provident Fund (PPF) and post office savings deposit schemes will also remain unchanged at 7.1 percent and 4 percent, respectively.
For Kisan Vikas Patra, the interest rate is set at 7.5 percent, with the investment maturing in 115 months. The National Savings Certificate (NSC) will maintain an interest rate of 7.7 percent for the April to June 2025 period.
Investors in the Monthly Income Scheme will see their interest rate remain steady at 7.4 percent, just like in the current quarter. The last adjustment to the interest rates for some schemes occurred in the fourth quarter of 2023-24. The government reviews and announces interest rates for small savings schemes every quarter.