Small Savings Interest Rates

PPF, Sukanya Samriddhi, NSC, KVP, SCSS and Post Office deposits for October to December 2026, as set by the Ministry of Finance. Open any scheme's calculator to see what your money grows to.

7.1%PPF
8.2%Sukanya Samriddhi
8.2%SCSS

Rates for October to December 2026

Interest a year. Announced by the Ministry of Finance on 30 September 2026.

Scheme	Rate	How it works	Calculator
Public Provident Fund (PPF)	7.1%	15 years. Compounded yearly. Tax-free.	Calculate
Sukanya Samriddhi Yojana	8.2%	For a girl under 10. Deposits for 15 years; matures 21 years after opening. Tax-free.	Calculate
National Savings Certificate (NSC)	7.7%	5 years. Compounded yearly, paid at maturity.	Calculate
Kisan Vikas Patra (KVP)	7.5%	Doubles the deposit. Compounded yearly.	Calculate
Post Office Monthly Income Scheme	7.4%	5 years. Interest paid every month.	Calculate
Senior Citizens Savings Scheme	8.2%	For 60 and over. 5 years. Interest paid every quarter.	Calculate
Post Office Recurring Deposit (5 years)	6.7%	5 years. Monthly deposits, compounded every quarter.	Calculate
Post Office Time Deposit, 1 year	6.9%	Compounded every quarter, paid every year.	Calculate
Post Office Time Deposit, 2 years	7%	Compounded every quarter, paid every year.	Calculate
Post Office Time Deposit, 3 years	7.1%	Compounded every quarter, paid every year.	Calculate
Post Office Time Deposit, 5 years	7.5%	Compounded every quarter, paid every year. Section 80C.	Calculate

We update this page when the next quarter's rates are announced. Confirm the rate with your post office or bank before you invest. SkyloFin is not connected with the Government of India or India Post.

Common Questions

Who sets these interest rates?

The Ministry of Finance, Government of India. It reviews them every quarter and usually announces the next quarter's rates in the last days of the current one.

Which small savings scheme pays the most?

This quarter, Sukanya Samriddhi Yojana and Senior Citizens Savings Scheme at 8.2% a year. PPF pays 7.1% and the 5-year Post Office Time Deposit 7.5%.

Does a new rate change my existing account?

For PPF and Sukanya Samriddhi, yes: the whole balance earns the rate of each quarter. For NSC, KVP, Monthly Income Scheme, SCSS, Recurring Deposit and Time Deposit, no: the rate on the day you open it stays for the whole term.

Which ones save tax?

Deposits in PPF, Sukanya Samriddhi, NSC, SCSS and the 5-year Time Deposit qualify for Section 80C under the old tax regime. PPF and Sukanya Samriddhi interest is tax-free; the interest of the others is taxed at your slab rate.

Is the rate the same at a bank?

Yes. PPF, Sukanya Samriddhi and SCSS accounts opened at an authorised bank earn the same rate as at the post office.

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