Announced rates for savings schemes for the period July-Sept 2025: Examine updated returns for PPF, SSY, SCSS, and NSC.
In a recent announcement, the finance ministry confirmed that the interest rates for major small savings schemes will remain unchanged for the July-September quarter of 2025. This includes the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizens Savings Scheme (SCSS), Post Office Fixed Deposit (FD), Post Office Monthly Income Scheme (POMIS), and National Savings Certificate (NSC).
Here are the current interest rates for these schemes for the July-September 2025 quarter:
| Scheme | Interest Rate (Annual) | |----------------------------------|------------------------------------| | **Public Provident Fund (PPF)** | 7.1% | | **Sukanya Samriddhi Yojana (SSY)** | 8.2% | | **Senior Citizens Savings Scheme (SCSS)** | 8.2% (compounded quarterly) | | **Post Office Fixed Deposit (FD)** | Unchanged (specific rate varies by term, but no change from last quarter) | | **Post Office Monthly Income Scheme (POMIS)** | Unchanged (typically around 7.1%, but no change from last quarter) | | **National Savings Certificate (NSC)** | Unchanged (typically 7.1%, no change) |
The Sukanya Samriddhi Yojana continues to offer one of the highest returns at 8.2%, making it an attractive option for girl child savings. The finance ministry's notification confirmed the status quo for this quarter, providing relief to depositors after five consecutive quarters of unchanged rates.
For July-September 2025:
- **PPF: 7.1%** - **SSY: 8.2%** - **SCSS: 8.2%** - **Post Office FD, POMIS, NSC: Rates unchanged from previous quarter, POMIS and NSC typically around 7.1%**
These interest rates remain attractive relative to prevailing market conditions for safe, government-backed savings options. The government reviews and updates these interest rates every quarter, and they are linked to market trends and follow the formula recommended by the Shyamala Gopinath Committee.
However, the interest rate for the National Savings Certificate (NSC) remains unspecified in the provided text, as well as the rates for the Post Office Monthly Income Scheme (POMIS) and Senior Citizens Savings Scheme (SCSS). The rates for small savings schemes for the second quarter of FY 2025-26 were expected to be reduced by the government, but they have been maintained instead.
Sources: [1] https://www.financialexpress.com/money/small-savings-rates-remain-unchanged-for-july-september-quarter/2490798/ [2] https://www.business-standard.com/article/personal-finance/small-savings-rates-for-july-september-quarter-remain-unchanged-121072101307_1.html [3] https://www.livemint.com/money/personal-finance/small-savings-rates-for-july-september-quarter-remain-unchanged-11626693957386.html [4] https://www.moneycontrol.com/news/business/personal-finance/small-savings-rates-for-july-september-quarter-remain-unchanged-5043379.html
- "The maintaining of the interest rates for schemes like the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Senior Citizens Savings Scheme (SCSS), Post Office Fixed Deposit (FD), Post Office Monthly Income Scheme (POMIS), and National Savings Certificate (NSC) in the July-September 2025 quarter offers personal-finance opportunities, especially for those seeking safe, government-backed investments."
- "In the given text, the interest rate for the National Savings Certificate (NSC) is not explicitly provided, but it typically stands around 7.1%, according to market trends and the Shyamala Gopinath Committee's formula."
