Government’s big announcement on small savings schemes after DA, decision for the quarter starting from April

New Delhi| There has been no change in the interest rates available on various small savings schemes including PPF and NSC for the coming quarter. It has been kept unchanged for the quarter starting April 1, 2025. This information was given in a notification issued by the Finance Ministry on Friday.

“The interest rates on various small savings schemes for the first quarter of FY 2025-26 which starts from April 1, 2025 and ends on June 30, 2025 will remain the same as the previous quarter”, a Finance Ministry notification said.

According to the notification, deposits under Sukanya Samriddhi Yojana will get an interest rate of 8.2 percent, while the interest rate on three-year fixed deposits will remain at 7.1 percent in the current quarter. The interest rates of the Popular Public Provident Fund (PPF) and Post Office Savings Deposit Schemes have also been retained at 7.1 per cent and 4 per cent respectively.

The interest rate on Kisan Vikas Patra will be 7.5 percent and the investment will mature in 115 months. The interest rate on National Savings Certificate (NSC) will be 7.7 percent for the period April-June 2025. As in the current quarter, the monthly earnings plan will pay investors 7.4 percent interest.

Along with this, there has been no change in the interest rates on small savings schemes run by post offices and banks for the fifth consecutive quarter. The government last changed some plans for the fourth quarter of 2023-24. The government notifies interest rates on small savings schemes every quarter.

Translated with Lingvanex.com