For the third quarter (October-December) of FY 2025-26, the government has not made any changes in interest rates on various small savings schemes. The interest rates of several popular savings schemes including Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SCSS) will remain intact for this quarter.
7.1%on Public Provident Fund (PPF), 8.2%on Sukanya Samriddhi Yojana and Senior Citizen Savings Scheme, 7.7%on National Savings Certificate (NSC), and 7.5%interest rate on Kisan Vikas Patra (KVP). 7.4% interest rate will also continue on the post office monthly income scheme (POMIS). Also, 7.5% interest will be available on five years of fixed deposits, 7.1% on three years fixed deposit. The government has maintained stability in interest rates for the sixth consecutive quarter, which is a relief for pensioners, senior citizens, and middle class families.
The government has not reduced the interest rates of small savings schemes despite the Repo Rate cut by the Monetary Policy Committee (MPC) this year. This decision has come at a time when positive signs of money strength and economic development are being seen. According to experts, the steady interest rate of these schemes provides the investors safe and reliable options, especially for those who want to protect their long -term savings.
These savings schemes not only give an opportunity to save tax but are also considered ideal for the future of children. This announcement of the Finance Ministry is important for financial plan makers before Diwali, as now they can better adjust their investment strategies.