The central government has announced interest rates for various small savings schemes, including PPF, Sukanya Samriddhi, and Senior Citizen Saving Scheme.
The announcement of rates for these schemes was made for the quarter from October to December. The Ministry of Finance of the central government made this announcement. The government has not made any changes to the interest rates for these programs for the quarter from October to December; they remain unchanged as before, meaning recipients will receive the same amount of interest as previously.
This is the ninth consecutive quarter that the interest rates for small savings schemes have not changed. The Department of Economic Affairs of the Ministry of Finance announced this decision on Wednesday. According to this decision, there will be no changes in the yield provided by the small savings schemes during the quarter starting October 1, 2026.
The rate for the postal savings account is 4%.
The government reviews the interest rates for small savings schemes every quarter. During this review, factors such as government bond yields, interest rates, and market geopolitical conditions are examined. After this, the interest rate is determined. The last change occurred in April 2024, when the government increased the interest rate on the three-year deposit at the post office from 7% to 7.1%, and also raised the rate for the Sukanya Samriddhi scheme from 8% to 8.2%.