Small Savings Scheme Rates

Government-backed scheme rates for India, Apr–Jun 2026. Click a scheme for details and its own calculator.

PPF calculator

Yearly deposit (₹)

Interest rate (% p.a.)

Tenure (years) — fixed

Invested

₹22,50,000

Interest

₹18,18,209

Maturity

₹40,68,209

Indicative estimate using simple annual/monthly compounding. Actual returns may differ with payout frequency, partial-year deposits, and tax. Not financial advice.

Scheme	Rate	Tenure	Min
Senior Citizens Savings Scheme (SCSS)	8.20%	5 years	₹1,000
Sukanya Samriddhi Yojana (SSY)	8.20%	21 years	₹250
National Savings Certificate (NSC)	7.70%	5 years	₹1,000
Kisan Vikas Patra (KVP)	7.50%	115 months	₹1,000
Post Office Time Deposit (5 yr)	7.50%	5 years	₹1,000
Post Office Monthly Income Scheme (MIS)	7.40%	5 years	₹1,000
Public Provident Fund (PPF)	7.10%	15 years	₹500
Post Office Recurring Deposit (RD)	6.70%	5 years	₹100
Post Office Savings Account	4.00%	open-ended	₹500

Source: Ministry of Finance / National Savings Institute quarterly notification. Indicative; confirm with your bank or post office. See our methodology.

FAQs

Which small savings scheme has the highest interest rate?

For Apr–Jun 2026, Sukanya Samriddhi (SSY) and the Senior Citizens Savings Scheme (SCSS) offer the highest rate at 8.2% p.a.

How often do small savings rates change?

The Government of India reviews small savings rates every quarter.

Is PPF interest tax-free?

Yes. PPF enjoys EEE status — deposit, interest, and maturity are all tax-exempt.