Post office and small savings interest rates for October–December 2026: PPF, Sukanya, SCSS, NSC, KVP, MIS, FD and RD
For October–December 2026 (Q3 of FY 2026-27), the Finance Ministry kept all small savings rates unchanged (order dated 30 September 2026). Rates: PPF 7.1%, Sukanya Samriddhi 8.2%, Senior Citizens Savings Scheme 8.2%, NSC 7.7%, Kisan Vikas Patra 7.5% (doubles in 115 months), Monthly Income Scheme 7.4%, Time Deposits 6.9% (1 yr), 7.0% (2 yr), 7.1% (3 yr), 7.5% (5 yr), 5-year RD 6.7% and savings account 4.0%. Rates are reviewed every quarter; the next decision is due by 31 December 2026.
Key facts Last verified: 25 Oct 2026
| Item | Details | Source |
|---|---|---|
| Oct–Dec 2026 | Rates unchanged from July–September 2026 (Office Memorandum, 30 Sep 2026) | Ministry of Finance, DEA |
| India Post scheme rules | Features and tax points of each scheme | Department of Posts |
| Rate table | Scheme-wise rates, quarter by quarter, FY 2025-26 and 2026-27 | National Savings Institute (Ministry of Finance) |
| PPF | 7.1% | National Savings Institute |
| Sukanya Samriddhi | 8.2% | National Savings Institute |
| Senior Citizens Savings Scheme | 8.2% | National Savings Institute |
| Unchanged since | 1 January 2024 (every quarter since then at the same rates) | National Savings Institute |
Sudhakar, retiring from a bank in Nashik this year, wanted to know where to put part of his gratuity safely. The post office schemes are backed by the Government of India, and their rates are fixed by the Finance Ministry every quarter. For Oct–Dec 2026 the answer is simple: nothing changed. The same rates have applied since January 2024.
All rates for October–December 2026
| Scheme | Interest rate (per year) | Notes |
|---|---|---|
| Post Office Savings Account | 4.0% | |
| 1-year Time Deposit | 6.9% | |
| 2-year Time Deposit | 7.0% | |
| 3-year Time Deposit | 7.1% | |
| 5-year Time Deposit | 7.5% | |
| 5-year Recurring Deposit (RD) | 6.7% | |
| Senior Citizens Savings Scheme (SCSS) | 8.2% | 5 years; for 60+ |
| Monthly Income Scheme (MIS) | 7.4% | 5 years; interest paid monthly |
| National Savings Certificate (NSC) | 7.7% | 5 years |
| Public Provident Fund (PPF) | 7.1% | 15 years |
| Sukanya Samriddhi Account (SSY) | 8.2% | For a girl child |
| Kisan Vikas Patra (KVP) | 7.5% | Money doubles in 115 months |
Rates are fixed by the Ministry of Finance (Department of Economic Affairs) and published by the National Savings Institute.
Which scheme for which goal? For a girl child, Sukanya Samriddhi gives the highest government rate (8.2%). Many parents pair it with market-linked NPS Vatsalya. For retired people 60+, SCSS pays 8.2% with quarterly interest. Compare with your PF interest rate if you are still working.
Tax in brief
| Scheme | Tax point (from India Post) |
|---|---|
| PPF | Interest is not taxable; deposits up to ₹1.5 lakh a year qualify for the old-regime deduction (old section 80C) |
| Sukanya Samriddhi, SCSS, 5-year TD | Deposits qualify for the old-regime deduction (old section 80C) |
| SCSS | Interest is taxable, and TDS applies above the limit |
Under the new tax regime these deposit deductions are not available. Senior citizens: see income tax for senior citizens for interest deductions and TDS limits.
These rates change every quarter. The next review is for January–March 2027, announced by about 31 December 2026. We will update this page when the official order is out. Ignore "new post office rate" forwards that don't link to the Finance Ministry.
Frequently asked questions
What is the PPF interest rate for October–December 2026?
7.1% a year. The Finance Ministry kept small savings rates unchanged for Q3 FY 2026-27.
What is the Sukanya Samriddhi interest rate now?
8.2% a year for October–December 2026.
What is the Senior Citizens Savings Scheme rate for Oct–Dec 2026?
8.2% a year for October–December 2026. SCSS is a 5-year scheme for people aged 60 and above.
In how many months does Kisan Vikas Patra double my money?
At the current 7.5% rate, KVP matures (doubles) in 115 months.
When will the next small savings rates be announced?
Rates are reviewed every quarter. The decision for January–March 2027 is expected by 31 December 2026.
Official links
Use only these government websites. HumainOne is not connected to any of them.
- DEA — Small savings rates Q3 2026-27Office Memorandum, 30 Sep 2026
- National Savings Institute — rate of interestScheme-wise rates by quarter
- DEA — interest rate noticesAll quarterly notices
Disclaimer: HumainOne is an independent information website. We are not affiliated with UIDAI, the Income Tax Department, EPFO, NPCI, the Election Commission, the Government of Maharashtra or any government body. We do not accept applications, documents or fees. Information is checked against official sources on the date shown but rules change — always confirm on the official website before acting. Calculators give estimates, not official figures, and this is not tax or legal advice.