Finance Ministry retains interest rates for small savings schemes for July-September 2026 quarter

Key facts

• The Finance Ministry has kept interest rates unchanged for all major post office small savings schemes for the July-September quarter of financial year 2026-27.
• For the period from July 1 to September 30, 2026, the rates are: Post Office Savings Account (4%), 1-year Time Deposit (6.90%), 2-year Time Deposit (7%), 3-year Time Deposit (7.10%), and 5-year Time Deposit (7.50%).
• Other applicable rates include 5-year Recurring Deposit (6.70%), Monthly Income Account Scheme (7.40%), and National Savings Certificate (NSC) (7.70%).
• The Senior Citizens Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY) offer the highest guaranteed returns at 8.20%, while the Public Provident Fund (PPF) rate is 7.10%.
• Rates are influenced by government bond yields, inflation trends, and monetary policy decisions by the Reserve Bank of India (RBI), with the last revision announced for the January-March quarter of FY 2023-24.