Current Post Office Savings Schemes Interest Rates: Q1 FY 2025-26
The government has announced that the interest rates for small savings schemes, including popular post office schemes, will stay the same for the first quarter of FY 2025-26, from April 1, 2025, to June 30, 2025. Here are the current interest rates:
- Public Provident Fund (PPF): 7.1%
- National Savings Certificate: 7.7%
- Senior Citizen Savings Scheme (SCSS): 8.2%
- Sukanya Samriddhi Yojana (SSY): 8.2%
These investment options are commonly known as post office schemes. The Finance Ministry’s Department of Economic Affairs shared this information through a circular on March 28, 2025.
Interest Rates for Post Office Savings Schemes: April-June 2025
The last change in post office scheme interest rates happened during January-March 2024, the final quarter of FY 2023-24. During this period, the government increased rates for two schemes: the 3-year time deposit rate rose from 7% to 7.1%, while the Sukanya Samriddhi Yojana (SSY) rate increased from 8% to 8.2%. All other scheme rates remained unchanged.
The government reviews small savings scheme rates quarterly. The process follows the guidelines established by the Shyamala Gopinath Committee for post office schemes. The committee recommends that small savings scheme rates should exceed government bond yields of similar maturities by 25 to 100 basis points (where 100 basis points equals 1%). This framework ensures these schemes remain attractive and competitive for investors.
