The central government kept interest rates unchanged on Tuesday for various small savings schemes, such as PPF and NSC. This marks the ninth consecutive quarter where rates have remained unaltered. The prevailing interest rates will apply from July 1, 2026.

In a notification, the Ministry of Finance stated, "The rates of interest on small savings schemes for the second quarter of the financial year 2026-27 (July 1, 2026, to September 30, 2026) shall remain the same as those notified for the first quarter of the financial year 2026-27 (March 1, 2026, to June 30, 2026)."

**Interest rate on Sukanya Samriddhi Yojana?**
According to the notification, deposits under the Sukanya Samriddhi Yojana will earn 8.2 percent interest, while the interest rate for three-year term deposits will remain at 7.1 percent for the current quarter. Interest rates for the popular Public Provident Fund (PPF) and Post Office Savings Deposit schemes have been maintained at 7.1 percent and 4 percent, respectively.

**Kisan Vikas Patra**
The interest rate on the Kisan Vikas Patra will be 7.5 percent, with the investment maturing in 115 months. For the July-September quarter, the interest rate on the National Savings Certificate (NSC) will remain at 7.7 percent.

Similar to the current quarter, investors in the Monthly Income Scheme will earn 7.4 percent interest in the second quarter.

**When were interest rates last changed?**
Consequently, interest rates on small savings schemes—primarily operated by post offices and banks—have remained unchanged for the ninth consecutive quarter. The government last revised interest rates for certain schemes during the fourth quarter of the 2023-24 financial year.