PPF, SCSS, Sukanya: All eyes on September 30 as interest rate review for small saving schemes approaches

The Ministry of Finance will announce the interest rates for various small saving schemes like Post Office Savings Account (POSA), NSC, PPF, SCSS, SSY, KVP, POMIS, Post Office Time Deposit, and Recurring Deposit for the October-December quarter of FY 2025-26 on September 30.

"The rates of interest on various Small Saving Schemes for the second quarter of FY 2025-26 starting from 1st July, 2025 and ending on 30th September, 2025 shall remain unchanged from those notified for the first quarter (1st April, 2025 to 30th June, 2025) of FY 2025-26," the finance ministry had said in a notification.

Sukanya Samriddhi Yojana (SSY)

SSY account continues to offer an attractive interest rate of 8.2% per annum for the July-September quarter of 2025-26. This popular scheme is specifically designed for the financial security of a girl child. The interest is calculated yearly and is compounded on an annual basis.

Senior Citizens' Savings Scheme (SCSS)

Post Office Monthly Income Scheme (POMIS)

The Post Office Monthly Income Scheme (POMIS) is ideal for those seeking a regular income. The scheme provides a consistent 7.4% per annum interest, which is paid to the account holder every month.

Kisan Vikas Patra (KVP)

The interest rate for the Kisan Vikas Patra (KVP) has been kept unchanged at 7.5% per annum since April 1, 2023. This investment is designed to double your invested amount over a specific period.

Public Provident Fund (PPF)

The Public Provident Fund (PPF), a popular long-term savings option, continues to offer an interest rate of 7.1% per annum. The interest earned is compounded on an annual basis.

National Savings Certificate (NSC)

National Savings Certificate (NSC) continues to offer an interest rate of 7.7% per annum.

Post Office Time Deposit (FD)

Post Office Time Deposits (TDs) or Fixed Deposits (FDs) offer a range of interest rates depending on the tenure. the three-year TD provides 7.1% and the five-year TD offers a maximum interest rate of 7.5%.

Post Office Savings Account (POSA)

The basic Post Office Savings Account (POSA) continues to offer a fixed interest rate of 4% per annum. This rate has remained unchanged for 14 years, since December 1, 2011.