Government Keeps Small Savings Scheme Interest Rates Unchanged

The government has decided to keep interest rates unchanged on various small savings schemes, including PPF and NSC, for the sixth consecutive quarter starting from July 1, 2025.

According to a finance ministry notification, the rates for the second quarter of FY 2025-26 will remain the same as the first quarter rates.

Deposits under the Sukanya Samriddhi scheme will continue to earn an interest rate of 8.2%, while the rate for a three-year term deposit stays at 7.1%.

The interest rates for PPF and post office savings deposit schemes will remain at 7.1% and 4% respectively. Kisan Vikas Patra will offer 7.5% interest, maturing in 115 months, and NSC will maintain a 7.7% interest rate for the April-June 2025 period.

Monthly Income Scheme will continue to yield 7.4% interest for investors.

This marks the fifth consecutive quarter where interest rates on small savings schemes have remained unchanged. The government last adjusted some schemes in the fourth quarter of 2023-24.

The government regularly notifies the interest rates on small savings schemes every quarter.

According to the source: Moneycontrol.