Sukanya PPFs’ interest rates to remain unchanged:Currently, small savings schemes carry highest RoI of up to 8.2%

The government has not made any changes to the interest rates of small savings schemes like Public Provident Fund (PPF), Post Office FD, Sukanya Samriddhi Yojana (SSY), and National Savings Certificate (NSC) for the Oct-Dec (Q3FY27) quarter. 7.1% RoI on PPF Public Provident Fund (PPF) will continue to earn 7.1% interest and Sukanya Samriddhi Yojana will earn 8.2% interest. Interest rates on small savings schemes range between 4% to 8.2%. Before deciding on interest rates for small savings schemes, the government also monitors the cash and inflation situation in the country. These rates are reviewed every three months. No interest rate hike despite anticipated high inflation People had widely speculated a rate hike relief on small savings schemes ahead of the upcoming festive season and anticipated high inflation due to supply disruptions caused by the ongoing US-Iran war. But much to their disappointment, the government has abstained from any rate hike for now. Interest rates are reviewed every quarter Interest rates of small savings schemes are reviewed every quarter. The formula for determining their interest rates was given by the Shyamala Gopinath Committee. The committee had earlier suggested that interest rates on these schemes should be 0.25-1.00% higher than the yield on government bonds of similar maturity. These schemes are a major source of household savings Small savings schemes are a major source of household savings in India. Depositors receive fixed interest on their money in these schemes. Collections from all small savings schemes are deposited in the National Small Savings Fund (NSSF). Classification: Small Savings Instruments can be divided into three parts: Postal Deposits: Savings Account, Recurring Deposit, Time Deposit and Monthly Income Scheme Savings Certificates: National Small Savings Certificate (NSC) and Kisan Vikas Patra (KVP) Social Security Schemes: Sukanya Samriddhi Yojana, Public Provident Fund (PPF) and Senior Citizen Savings Scheme (SCSS)