[CLSTR]
< Back to situations

Monitor this situation.

[SITUATION] · [QUIET] · [BUSINESS]

3 clusters · 10 sources · 7 days · First seen · Last updated

Indian small savings scheme interest rates maintained

Overview

On September 30, 2026, the Indian Ministry of Finance concluded its quarterly review by deciding to maintain existing interest rates for all Post Office Small Savings Schemes for the October-December 2026 quarter. This decision marks the tenth consecutive quarter of steady rates.

Despite earlier market expectations of a rate hike driven by rising retail inflation—which reached 4.82% in August 2026—and increasing government bond yields, the government opted for stability. The 10-year government bond yield had risen to approximately 7.05% by late September. Some reports noted that this decision comes despite recent reductions in the RBI repo rate throughout 2025.

Interest rates for the upcoming quarter remain as follows:

• Sukanya Samriddhi Yojana (SSY) and Senior Citizen Savings Scheme (SCSS): 8.2% • National Savings Certificate (NSC): 7.7% • Kisan Vikas Patra (KVP): 7.5% • Post Office Monthly Income Scheme (MIS): 7.4% • Public Provident Fund (PPF): 7.1%

The MIS continues to allow a minimum investment of ₹1,000, with maximum limits of ₹9 lakh for individual accounts and ₹15 lakh for joint accounts.

Entities

State Bank of India · Reserve Bank of India · Post Office · Ministry of Finance · Government of India

Timeline

  1. [BUSINESS] 7 sources
    India Ministry of Finance keeps small savings interest rates unchanged

    India's Ministry of Finance has kept interest rates for small savings schemes, including PPF and Sukanya Samriddhi, unchanged for the October–December 2026 quarter.

  2. [BUSINESS] 2 sources
    Post Office savings schemes offer various interest rates for 2026

    The Indian Post Office maintains interest rates for various government-backed savings schemes, including NSC at 7.7%, KVP at 7.5%, and the Monthly Income Scheme at 7.4%.

  3. [BUSINESS] 2 sources
    Small savings scheme interest rates face quarterly review

    The government will review interest rates for small savings schemes, including PPF and SSY, on September 30 for the upcoming October-December quarter.

Sources

bhaskarhindi.com · caclubindia.com · mirusaustralia.com · news9live.com · newsable.asianetnews.com · postalstudy.in · relakhs.com · taxguru.in · tennews.in · timesbull.com

This summary has been updated 3 times: see revision history