Govt holds rates for small savings
India, July 1 -- The Government on Tuesday left interest rates unchanged for various small savings schemes, including Public Provident Fund (PPF) and National Savings Certificate (NSC), for the ninth straight quarter, beginning July 1, 2026. "The rates of interest on various small savings schemes for the second quarter of FY 2026-27, starting from July 1, 2026, and ending on September 30, 2026, shall remain unchanged from those notified for the first quarter (March 1, 2026, to June 30, 2026) of FY 2026-27," the Finance Ministry said in a notification. As per the notification, deposits under the Sukanya Samriddhi Scheme will attract an interest rate of 8.2 per cent, while the rate on a three-year term deposit remains at 7.1 per cent in the...
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