The Ministry of Finance has decided to keep interest rates on small savings schemes unchanged for the April–June 2026 quarter, continuing a prolonged phase of stability for post office and government-backed investment products.
In its official notification for the first quarter of FY 2026–27, the ministry stated that the interest rates will remain the same as those applicable in the January–March 2026 quarter.
“The rates of interest on various Small Savings Schemes for the first quarter of FY 2026–27, starting from April 1, 2026, and ending on June 30, 2026, shall remain unchanged,” the notification said.
Unchanged Interest Rates Across Key Schemes
Investors will continue to receive the same returns across popular schemes:
- Public Provident Fund (PPF): 7.1%
- Post Office Savings Deposit: 4%
- Sukanya Samriddhi Scheme: 8.2%
- Three-Year Term Deposit: 7.1%
- National Savings Certificate (NSC): 7.7%
- Monthly Income Scheme (MIS): 7.4%
- Kisan Vikas Patra (KVP): 7.5% (maturity in 115 months)
Stability Continues For Investors
Small savings schemes remain a preferred choice for households seeking secure and predictable returns. Backed by the government, these instruments are especially popular among conservative investors who prioritise capital safety over market-linked risks.
The latest decision reflects the government’s consistent approach over recent quarters, where it has avoided frequent revisions in interest rates.
What It Means For Investors
For investors, the unchanged rates bring predictability and stability, allowing them to plan finances without worrying about sudden fluctuations in returns.
For the government, maintaining current rates helps balance borrowing costs while keeping retail savings aligned with the broader economic policy framework.