In March 2026, In March 2026, the Department of Economic Affairs (DEA-Budget Division) under the Ministry of Finance (MoF) retained interest rates unchanged across all Small Savings Schemes (SSS) for the 1st Quarter of Financial Year 2026–27 (Q1FY27), i.e., from April 1, 2026 to June 30, 2026, as per the rates notified for Q4FY26.
Overview of Post Office Savings Schemes:
SSY: Sukanya Samriddhi Yojana (SSY) offers 8.2% interest, allows a guardian to open an account for a girl child below 10, with Rs. 250–Rs. 1,50,000 yearly deposits, Section 80C benefits, and Exempt-Exempt-Exempt (EEE) tax status (tax free).
PPF: Public Provident Fund (PPF) provides 7.1% interest with a Rs. 1.5 lakh annual limit, 15-year lock-in, and tax-free maturity under Section 80C.
SCSS: Senior Citizen Savings Scheme (SCSS) yields 8.2% interest, is designed for retirees, and ensures regular income with high safety.
NSC: National Savings Certificate (NSC) offers 7.7% interest with a 5-year lock-in, where reinvested interest qualifies for Section 80C deduction.
KVP: Kisan Vikas Patra (KVP) provides 7.5% interest, doubles investment in 115 months, and has no maximum deposit limit.
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