Small saving interest rate for Jan-March quarter remains unchanged
The interest rate on the Kisan Vikas Patra will be 7.5 per cent, and the investments will mature in 115 months
Small savings schemes such as the Public Provident Fund (PPF), Sukanya Samridhi Scheme and National Saving Certificate (NSC) will see no change in interest rate for the quarter beginning January 1, the Finance Ministry said on Wednesday. This will be the 8th successive quarter of rates remaining unchanged.
“The rates of interest on various Small Savings Schemes for the fourth quarter of FY26, starting from January 1, 2026, and ending on March 31, 2026 shall remain unchanged from those notified for the third quarter (October 1, 2025 to December 31, 2025) of FY26,” the Ministry said in an office memorandum. Interest rates are reviewed before the beginning of every quarter and any change is applicable only on the new or accretion during the quarter under review.
This means during the January-March quarter, deposits under the Sukanya Samriddhi Scheme will fetch an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent prevailing in the current quarter. The interest rates for the popular Public Provident Fund (PPF) and post office savings deposit schemes, too, have been retained at 7.1 per cent and 4 per cent, respectively.
Kisan Vikas Patra
The interest rate on the Kisan Vikas Patra will be 7.5 per cent, and the investments will mature in 115 months. The interest rate on the National Savings Certificate (NSC) will remain at 7.7 per cent for the October-December 2025 period. Like the current quarter, the monthly income scheme will earn 7.4 per cent for investors during the third quarter of the current fiscal.
The small savings schemes are mainly operated by post offices and banks, where the principal and interest are guaranteed by the government. Some of the schemes saw interest rate revision changes for the fourth quarter of 2023-24, but since then there is no change.
Published on December 31, 2025
