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Small savings scheme interest rates: Oct-Dec 2026
PPF, Sukanya Samriddhi, SCSS, NSC, KVP and Post Office deposits. The Finance Ministry sets these rates every quarter; for Oct-Dec 2026 they are unchanged from Jul-Sep 2026.
| Scheme | Rate a year | Term | Interest added |
|---|---|---|---|
| Sukanya Samriddhi Account (SSY) | 8.2% | Account for a girl child | Yearly |
| Senior Citizens Savings Scheme (SCSS) | 8.2% | 5 years | Quarterly |
| National Savings Certificate (NSC) | 7.7% | 5 years | Yearly |
| Kisan Vikas Patra (KVP) | 7.5% | Matures in 115 months | Yearly |
| Post Office Time Deposit1 yr 6.9% · 2 yr 7.0% · 3 yr 7.1% | 7.5% | 5 years | Quarterly |
| Post Office Monthly Income Scheme (MIS) | 7.4% | 5 years | None, paid monthly |
| Public Provident Fund (PPF) | 7.1% | 15 years | Yearly |
| Post Office Recurring Deposit (RD) | 6.7% | 5 years | Quarterly |
| Post Office Savings Account | 4.0% | No fixed term | As per scheme rules |
Sorted by rate. All are backed by the Government of India. Source: Ministry of Finance (Department of Economic Affairs) office memorandum F.No.1/4/2019-NS dated 30.09.2026, read from the National Savings Institute rate table on 10 Nov 2026 and cross-checked against the copy of the same memorandum published by Indian Bank. Rates are set every quarter; the next review is due around 31 Dec 2026 for Jan-Mar 2027.
Which one fits what you want
Income every month: MIS. Income every quarter: SCSS (for senior citizens).
Saving every month or year: PPF, Post Office RD, SSY (for a girl child).
Lump sum for a fixed term: NSC, Time Deposit, KVP.
Grouped by what each scheme does, not by who you are. Eligibility and deposit limits are set by each scheme’s rules; check them at the post office or bank before you open an account.
Rate history, quarter by quarter
| Quarter | PPF | SSY | SCSS | NSC | KVP | MIS | TD 5 yr | RD |
|---|---|---|---|---|---|---|---|---|
| Oct-Dec 2026 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Jul-Sep 2026 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Apr-Jun 2026 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Jan-Mar 2026 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Oct-Dec 2025 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Jul-Sep 2025 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Apr-Jun 2025 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Jan-Mar 2025 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Oct-Dec 2024 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Jul-Sep 2024 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Apr-Jun 2024 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Jan-Mar 2024 | 7.1% | 8.2% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Oct-Dec 2023 | 7.1% | 8.0% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.7% |
| Jul-Sep 2023 | 7.1% | 8.0% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.5% |
| Apr-Jun 2023 | 7.1% | 8.0% | 8.2% | 7.7% | 7.5% | 7.4% | 7.5% | 6.2% |
| Jan-Mar 2023 | 7.1% | 7.6% | 8.0% | 7.0% | 7.2% | 7.1% | 7.0% | 5.8% |
| Oct-Dec 2022 | 7.1% | 7.6% | 7.6% | 6.8% | 7.0% | 6.7% | 6.7% | 5.8% |
| Jul-Sep 2022 | 7.1% | 7.6% | 7.4% | 6.8% | 6.9% | 6.6% | 6.7% | 5.8% |
| Apr-Jun 2022 | 7.1% | 7.6% | 7.4% | 6.8% | 6.9% | 6.6% | 6.7% | 5.8% |
Source: National Savings Institute, Ministry of Finance. Older quarters back to 1990 are on its rate page.
Where to open
Any post office, and banks authorised by the government for these schemes. Compare with bank deposits and bonds in our after-tax compare tool.
Education only, not investment advice. MyFinanceBandhu does not sell any product on this page and earns nothing from it. Every rate names its official source and date; check with the bank, post office or platform before you invest.