PPF, SSY: There’s an important update for those investing in small savings schemes. The central government has revealed the interest rates for these schemes for the second quarter of the financial year 2026-27, covering the period from July 1, 2026, to September 30, 2026. This announcement was made by the Finance Ministry in a press release.
In the press release, the Ministry stated that the interest rates for various small savings schemes for the second quarter of the financial year 2026-27 (from July 1, 2026, to September 30, 2026) will remain unchanged from the rates set for the first quarter of the financial year 2026-27 (from April 1, 2026, to June 30, 2026).
The Government of India has kept the interest rates on all Small Savings Schemes unchanged for the July–September quarter compared with the April–June quarter. The Sukanya Samriddhi Yojana (SSY) and the Senior Citizen Savings Scheme (SCSS) continue to offer the highest annual interest rate of 8.2%. The National Savings Certificate (NSC) offers 7.7%, while the Kisan Vikas Patra (KVP) and 5-Year Post Office Fixed Deposit provide 7.5%.
The Monthly Income Scheme (MIS) continues to earn 7.4%, and the Public Provident Fund (PPF) along with the 3-Year Fixed Deposit offers 7.1%.The 2-Year Fixed Deposit carries an interest rate of 7.0%, while the 1-Year Fixed Deposit offers 6.9%. The 5-Year Recurring Deposit (RD) continues at 6.7%, and the Post Office Savings Account earns 4.0% annually.
What interest can one expect from PPF and Sukanya Samriddhi Yojana?
The government has decided not to alter the interest rates on small savings schemes this time around. As a result, all small savings schemes, including the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizen Savings Scheme (SCSS), and National Savings Certificate (NSC), will maintain the same interest rates as previously established.
According to the government notification, the Public Provident Fund (PPF) will continue to provide an annual interest rate of 7.1 percent. The Sukanya Samriddhi Yojana (SSY) will keep its interest rate at 8.2 percent. The Senior Citizen Savings Scheme (SCSS) will also persist with an interest rate of 8.2 percent, while the National Savings Certificate (NSC) will maintain an interest rate of 7.7 percent.