Small Savings Schemes Interest Rates for July–September 2026

The Government of India has announced that the interest rates on all Small Savings Schemes will remain unchanged for the second quarter of FY 2026–27, covering the period from 1 July 2026 to 30 September 2026. The decision was communicated by the Ministry of Finance, Department of Economic Affairs, through Office Memorandum No. 1/4/2019-NS dated 30 June 2026, and subsequently circulated by the Department of Posts through SB Order No. 07/2026 for implementation across all postal circles and regions. The Department of Posts has directed all field offices to disseminate the information to stakeholders and display the revised notification prominently at post offices. Accordingly, the applicable interest rates remain unchanged from those notified for the first quarter of FY 2026–27. The Savings Deposit Scheme will continue to earn 4.0% interest, while 1-Year, 2-Year, and 5-Year Time Deposits will continue at 6.9%, 7.0%, and 7.5%, respectively. The 3-Year Time Deposit remains at 7.0%, the 5-Year Recurring Deposit at 6.7%, the Senior Citizen Savings Scheme at 8.2%, the Monthly Income Account Scheme at 7.4%, the National Savings Certificate at 7.7%, the Public Provident Fund at 7.1%, and the Sukanya Samriddhi Account Scheme at 8.2%. The Kisan Vikas Patra will continue to offer 7.5% interest with a maturity period of 115 months. The notification clarifies that no revisions have been made to the existing rates for the July–September 2026 quarter, ensuring continuity in returns across all notified National Small Savings Schemes.

SB Order No. 07/2026

F. No 113-03/2026
Government of India
Ministry of Communications
Department of Posts
(Financial Services Division)

Dak Bhawan, New Delhi — 110001
Dated: 30.06.2026

To
All Head of Circles/Regions

Subject: Revision of interest rates for Small Savings Schemes w.e.f. 01.07.2026

Sir/Madam,

The undersigned is directed to intimate that, vide memorandum No. 1/4/2019-NS dated 30.06.2026 (copy enclosed), Government of India, Ministry of Finance, Department of Economic Affairs (Budget Division) has informed that the rates of interest on various Small Savings Schemes (National Savings Schemes) for the second quarter of financial year 2026-27 (starting from 1st July, 2026 and ending on 30th September, 2026) shall remain unchanged from those notified for the first quarter (1′ April, 2026 to 30^th June, 2026) of FY 2026-

27.

2. It is requested to circulate it to all concerned for information and necessary guidance. This may also be placed on the notice board of all Post Offices in public area.

3. This issues with the approval of the Competent Authority.

Yours faithfully

(Prasenjit Chatarji)
Assistant Director (SB-I)

Copy to: –

1. PPS to Secretary (Posts)

2. PPS to Director General Postal Services

3. PPS/PS to Member (Financial Services)/Member (0)/Member (P)/ Member (HRD)/ Member (Tech)/ Member (Service Quality and Marketing), Member (Infrastructure), AS & FA

4. Director General, APS, New Delhi

5. Chief General Manager, BD Directorate / Parcel Directorate / PLI

6. CGM, CEPT for kind information and necessary action.

7. Deputy Director General (Vig) & CVO) / Sr. Deputy Director General (PAF)

8. Director, RAKNPA / Directors of all PTCs

9. Director, CPRC Chennai

10. Director General P & T (Audit), Civil Lines, New Delhi

11. Secretary, Postal Services Board / All Deputy Directors General

12. All General Managers (Finance) / Directors Postal Accounts / DDAP

13. The Joint Director & HOD, National Savings Institute, ICCW Building, 4 Deendayal Upadhyay Marg, New Delhi-110002

14. The Under Secretary, MOF (DEA), NS-II Section, North Block, New Delhi.

15. All recognized Federations / Unions / Associations

16. Guard File/e-File.

(Prasenjit Chatarji)
Assistant Director (SB-I)

F.No.1/4/2019-NS
Government of India
Ministry of Finance
Department of Economic Affairs
(Budget Division)

Kartvya Bhawan – 1, New Delhi
Dated: 30.06.2026

OFFICE MEMORANDUM

Subject: Revision of interest rates for Small Savings Schemes – reg.

The rates of interest on various Small Savings Schemes for the second quarter of FY 2026-27 starting from 1st July, 2026 and ending on 30^th  September, 2026 shall remain unchanged from those notified for the first quarter (1st April, 2026 to 30^th June. 2026) of FY 2026-27.

2. This has the approval of the competent authority.

(Masroor Ahmad)
Deputy Secretary (Budget)
Tele- 01124013082

To,

1. The Secretary,
Department of Expenditure
Kartvya Bhawan – 1, New Delhi

2. The Secretary,
Department of Expenditure
Kartvya Bhawan – 1, New Delhi

3. The Secretary
Department of Financial Services, Jeevan
Deep Building. New Delhi.

4. The Secretary,
Department of
Revenue, Kartvya
Bhawan – 1, New Delhi

5. The Secretary,
Department of Economic Affairs
Kartvya Bhawan – 1, New Delhi.

6. The Chief General
Manager (DGBA),
Reserve Bank of India,
Central Office, Mumbai

7. The Reserve Bank of India, Central Account
Section, Additional Office Building, East High
Court Road, Civil Lines, P.B. No.15, Nagpur
440 001

8. Chief Secretaries of States
/ UT Government.

9. The Joint Director
National Savings Institute, New Delhi.

Revised Small Savings Schemes Interest Rate Table  

**

Also Read: