Small savings scheme interest rates 2026: April-June SCSS, PPF, SSY, and other scheme rates to be declared on March 31

As the government prepares to review interest rates on small savings schemes for the April-June 2026 quarter, investors are closely watching for any signs of a hike.

Interest rates on these schemes are reviewed every quarter. The list includes Recurring Deposits (RD), PPF, Sukanya Samriddhi Yojana (SSY), KVP, NSC, and the Senior Citizen Savings Scheme (SCSS).

In its latest notification on December 31, 2025, the Department of Economic Affairs kept rates unchanged for the January-March 2026 quarter, continuing the trend of stability.

Small savings schemes interest rates (Jan-Mar 2026 quarter)

For the ongoing quarter, Sukanya Samriddhi Yojana offers 8.2%, while PPF stands at 7.1%. NSC provides 7.7%, and KVP offers 7.5% with a maturity period of 115 months. The Monthly Income Scheme gives 7.4%, the three-year Post Office Time Deposit offers 7.1%, and the Post Office Savings Account remains at 4%.

When were rates last revised?

The last revision in rates was seen in the January-March quarter of FY 2023-24. In April 2024, only two schemes saw an increase, the three-year time deposit (from 7% to 7.1%) and Sukanya Samriddhi Yojana (from 8% to 8.2%). All other schemes have remained unchanged since then.

How are rates decided?

The government follows a formula linked to market yields. The Finance Ministry considers yields on government securities of similar maturities, for example, a five-year G-Sec yield for a five-year deposit.

What to expect next

With global uncertainties, inflation trends, and liquidity conditions influencing the economy, investors are now awaiting the government’s decision for the April-June 2026 quarter.