Interest rates for the April–June quarter’s modest savings plans, commonly referred to as post office plans, were released by the government on Friday. For the fifth consecutive quarter starting on April 1, 2025, the government has maintained the rates on a number of minor savings plans, such as PPF and NSC, at the same level.
“The interest rates on different Small Savings Plans for the first quarter of FY 2025-26, which begins on April 1, 2025, and ends on June 30, 2025, will not change from those announced for the fourth quarter of FY 2024-25, which runs from January 1, 2025, to March 31, 2025,” a notification from the finance ministry stated.
According to the announcement, the interest rate on three-year term deposits is still at the current quarter’s rate of 7.1 percent, while deposits made under the Sukanya Samriddhi program will now be subject to an interest rate of 8.2 percent.
Additionally, the interest rates for the well-known Public Provident Fund (PPF) and post office savings deposit plans have been kept at 7.1% and 4%, respectively.
The investments would mature in 115 months, with an interest rate of 7.5% on the Kisan Vikas Patra.
For the April–June 2025 period, the National Savings Certificate (NSC) interest rate will stay at 7.7%.
Similar to the current quarter, investors will receive 7.4% from the Monthly Income Scheme.
As a result, for the fifth consecutive quarter, interest rates on small savings plans—which are primarily run by banks and post offices—have remained constant.For the fourth quarter of 2023–2024, the government last made adjustments to a few programs.
Interest rates on small savings plans are announced quarterly by the government.
