INCOME TAX1 Oct 2026
PPF, SCSS, SSY interest rates kept unchanged for Dec quarter: How are small savings rates set, why are they frozen? | Mint
The government has kept small savings interest rates unchanged for the October-December quarter, the eleventh straight quarter without a change. If you hold a Public Provident Fund (PPF) or Sukanya Samriddhi Yojana account, you will keep earning 7.1% and 8.2%. Senior Citizen Savings Scheme stays at 8.2%. So your returns stay predictable for now; no need to rush any switch.
Key Statutory Highlights
- Public Provident Fund deposits will keep earning 7.1% and Sukanya Samriddhi Yojana accounts 8.2% for the October-December quarter.
- The Senior Citizen Savings Scheme stays at 8.2%, the National Savings Certificate at 7.7% and Kisan Vikas Patra at 7.5%.
- The Finance Ministry reviews these rates every quarter under a market-linked framework, and they have now stayed unchanged for 11 straight quarters.
Actionable Advice for Taxpayers / Founders:If you are planning a small savings deposit this quarter, check the notified rate for your chosen scheme before you invest, and remember the rate is fixed only for the current quarter and may be revised in the next review.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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