📋 Small Savings Schemes Interest Rates
Q2 FY 2026-27 (01 July 2026 - 30 September 2026)
Official Notification: Department of Economic Affairs, Ministry of Finance, Government of India
✓ Official Announcement
The rates of interest on various Small Savings Schemes for the second quarter of FY 2026-27 starting from 1st July, 2026 and ending on 30th September, 2026 shall remain unchanged from those notified for the first quarter. This marks the 9th consecutive quarter without rate changes. Last rate revision was in Q4 FY 2023-24.
Current Interest Rates - Q2 FY 2026-27
📊 Complete Interest Rate Table
| Scheme Name | Interest Rate (% p.a.) | Tenure/Features |
|---|---|---|
| Sukanya Samriddhi Yojana (SSY) | 8.20% | For girl child; Tax-free interest & maturity; Section 80C benefit |
| Senior Citizen Savings Scheme (SCSS) | 8.20% | Age 60+; Quarterly payout; Section 80C benefit |
| National Savings Certificate (NSC) | 7.70% | 5-year lock-in; Taxable interest; Section 80C benefit |
| Kisan Vikas Patra (KVP) | 7.50% | Matures in 115 months (~9.6 years); Investment doubles |
| Public Provident Fund (PPF) | 7.10% | 15-year maturity; Tax-free; Section 80C benefit |
| Post Office Term Deposit - 5 Years | 7.50% | Fixed term deposit; Taxable interest |
| Monthly Income Scheme (MIS) | 7.40% | Monthly income payout; Taxable |
| Post Office Term Deposit - 3 Years | 7.10% | Fixed term deposit; Taxable interest |
| Post Office Term Deposit - 2 Years | 7.00% | Fixed term deposit; Taxable interest |
| Post Office Recurring Deposit (RD) - 5 Years | 6.70% | Monthly recurring deposit; Taxable |
| Post Office Term Deposit - 1 Year | 6.90% | Fixed term deposit; Taxable interest |
| Post Office Savings Account | 4.00% | Liquid savings; Flexible withdrawal |
Highest Yield Schemes
Sukanya Samriddhi Yojana (SSY)
8.20% p.a. with tax-free interest
SCSS
8.20% p.a. with quarterly payouts
National Savings Certificate
7.70% p.a. with 5-year lock-in
PPF
7.10% p.a., tax-free + Section 80C
Official Notification Details
Ministry of Finance - Office Memorandum
Reference: F.No.1/4/2019-NS
Ministry: Department of Economic Affairs (Budget Division)
Issue Date: 30.06.2026
Issued By: Masroor Ahmad, Deputy Secretary (Budget), Kartvya Bhawan - 1, New Delhi
Action Items for Post Offices & Financial Institutions
As per the official notification, relevant institutions have been instructed to:
- Circulate this notification to all concerned staff
- Display the notification on public notice boards
- Inform customers about unchanged rates for Q2 FY 2026-27
- Continue operations with rates applicable from 01 July 2026
Rate Stability Information
Current Status: Interest rates on Small Savings Schemes have remained unchanged for 9 consecutive quarters. This exceptional period of rate stability demonstrates the government's commitment to maintaining predictable returns for retail savers.
Recent Changes Timeline
Last Rate Revision: Fourth Quarter of FY 2023-24 (January-March 2024)
Consecutive Quarters without Change: 9 quarters (Q4 FY 2023-24 to Q2 FY 2026-27)
Educational Purpose Only: The information provided in this article is for general informational and educational purposes only.
Accuracy & Mistakes: While every effort has been made to ensure accuracy, human errors or omissions may occur.
No Liability: Under no circumstances shall the author or this website be held liable for any loss arising from the use of this information.
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