The rates notified for April–June 2026
The Ministry of Finance kept small savings rates unchanged for the April–June 2026 quarter — the notification this article covers. Rates are reset every quarter, so always check the current quarter's notification before acting on any figure here. PPF itself has been at 7.1% since April 2020.
| Scheme | Rate |
|---|---|
| Public Provident Fund | 7.1% |
| Sukanya Samriddhi | 8.2% |
| Senior Citizens Savings Scheme | 8.2% |
| National Savings Certificate | 7.7% |
| Kisan Vikas Patra | 7.5% |
| Post Office Monthly Income Scheme | 7.4% |
| Post Office Savings Account | 4.0% |
Why we show the quarter on every figure
These rates are notified quarterly. Over a 15-year PPF term they will be reset sixty times, and the eventual maturity value depends on all sixty, not on today’s number.
That is why our PPF calculator shows what happens at one percentage point either side of the current rate. The spread between those figures is the honest measure of how much of the projection is assumption.
What stability actually buys you
A predictable rate makes these instruments genuinely useful for goals with a fixed date — a course fee, a deposit. It does not make them the right home for money you might need next month, because the lock-ins are real.
And a 7.1% tax-free return is not the same as a 7.1% taxable one. PPF is EEE: exempt going in, exempt while growing, exempt coming out. For someone in the 30% bracket that is worth substantially more than the headline suggests.