Government Keeps Interest Rates Stable for Small Savings Schemes in 2025

Interest rates on small savings schemes like PPF and NSC remain unchanged for the fifth consecutive quarter starting April 2025, per the finance ministry. Schemes such as Sukanya Samriddhi and Kisan Vikas Patra maintain their current interest rates, offering stability for government-backed savings options.

The government announced on Friday that interest rates for small savings schemes will remain unchanged for the first quarter of FY 2025-26, starting April 1, 2025. This marks the fifth consecutive quarter of steady rates.

According to the finance ministry's notification, the Sukanya Samriddhi scheme will continue to offer a rate of 8.2%, while the three-year term deposit retains a 7.1% rate. The Public Provident Fund (PPF) and post office savings deposit schemes will persist at interest rates of 7.1% and 4% respectively.

Among other schemes, the Kisan Vikas Patra will provide a 7.5% interest rate, maturing in 115 months. The National Savings Certificate (NSC) remains at 7.7% for the specified period, with the Monthly Income Scheme set at 7.4%. The government usually reassesses these rates each quarter, but continuity is prioritized in this instance.

(With inputs from agencies.)