Post Office Interest Rates (Oct-Dec 2026)
Every small savings scheme's rate for this quarter, how it is paid, and how each rate has moved since quarterly resets began in April 2016.
Post office interest rates for Oct-Dec 2026 are unchanged from the previous quarter: Sukanya Samriddhi and SCSS 8.2%, NSC 7.7%, KVP 7.5% (doubles in 115 months), MIS 7.4%, PPF 7.1%, 5-year time deposit 7.5%, RD 6.7% and the savings account 4.0%.
The Ministry of Finance resets the interest rates on post office small savings schemes every quarter, usually announcing them in the last days of March, June, September and December. Most schemes lock in the rate for the whole term when you open them; PPF and Sukanya Samriddhi apply each quarter's rate to the existing balance.
All post office scheme rates, Oct-Dec 2026
| Scheme | Rate (Oct-Dec 2026) | How interest is paid | Calculator |
|---|---|---|---|
| Post office savings account | 4.0% | Simple interest | — |
| Recurring deposit (5 years) | 6.7% | Compounded quarterly | open |
| Time deposit, 1 year | 6.9% | Compounded quarterly, paid yearly | open |
| Time deposit, 2 years | 7.0% | Compounded quarterly, paid yearly | open |
| Time deposit, 3 years | 7.1% | Compounded quarterly, paid yearly | open |
| Time deposit, 5 years | 7.5% | Compounded quarterly, paid yearly | open |
| Monthly Income Scheme (MIS) | 7.4% | Paid monthly | open |
| Senior Citizens' Savings Scheme (SCSS) | 8.2% | Paid quarterly | open |
| National Savings Certificate (NSC) | 7.7% | Compounded yearly, paid at maturity | open |
| Kisan Vikas Patra (KVP) | 7.5% | Doubles in 115 months | open |
| Public Provident Fund (PPF) | 7.1% | Compounded yearly | open |
| Sukanya Samriddhi Yojana (SSY) | 8.2% | Compounded yearly | open |
Rates from the National Savings Institute (Ministry of Finance) rate history and India Post's current rates; the Oct-Dec 2026 rates were confirmed by the Ministry of Finance memorandum of 30 September 2026.
How every rate moved since April 2016
| From | PPF | SSY | SCSS | NSC | MIS | RD | KVP | TD 5y |
|---|---|---|---|---|---|---|---|---|
| Jan 2024 | 7.1% | 8.2% | 8.2% | 7.7% | 7.4% | 6.7% | 7.5% | 7.5% |
| Oct 2023 | 7.1% | 8.0% | 8.2% | 7.7% | 7.4% | 6.7% | 7.5% | 7.5% |
| Jul 2023 | 7.1% | 8.0% | 8.2% | 7.7% | 7.4% | 6.5% | 7.5% | 7.5% |
| Apr 2023 | 7.1% | 8.0% | 8.2% | 7.7% | 7.4% | 6.2% | 7.5% | 7.5% |
| Jan 2023 | 7.1% | 7.6% | 8.0% | 7.0% | 7.1% | 5.8% | 7.2% | 7.0% |
| Oct 2022 | 7.1% | 7.6% | 7.6% | 6.8% | 6.7% | 5.8% | 7.0% | 6.7% |
| Apr 2020 | 7.1% | 7.6% | 7.4% | 6.8% | 6.6% | 5.8% | 6.9% | 6.7% |
| Jan 2020 | 7.9% | 8.4% | 8.6% | 7.9% | 7.6% | 7.2% | 7.6% | 7.7% |
| Oct 2019 | 7.9% | 8.4% | 8.6% | 7.9% | 7.6% | 7.2% | 7.6% | 7.7% |
| Jul 2019 | 7.9% | 8.4% | 8.6% | 7.9% | 7.6% | 7.2% | 7.6% | 7.7% |
| Apr 2019 | 8.0% | 8.5% | 8.7% | 8.0% | 7.7% | 7.3% | 7.7% | 7.8% |
| Jan 2019 | 8.0% | 8.5% | 8.7% | 8.0% | 7.7% | 7.3% | 7.7% | 7.8% |
| Oct 2018 | 8.0% | 8.5% | 8.7% | 8.0% | 7.7% | 7.3% | 7.7% | 7.8% |
| Jan 2018 | 7.6% | 8.1% | 8.3% | 7.6% | 7.3% | 6.9% | 7.3% | 7.4% |
| Jul 2017 | 7.8% | 8.3% | 8.3% | 7.8% | 7.5% | 7.1% | 7.5% | 7.6% |
| Apr 2017 | 7.9% | 8.4% | 8.4% | 7.9% | 7.6% | 7.2% | 7.6% | 7.7% |
| Oct 2016 | 8.0% | 8.5% | 8.5% | 8.0% | 7.7% | 7.3% | 7.7% | 7.8% |
| Apr 2016 | 8.1% | 8.6% | 8.6% | 8.1% | 7.8% | 7.4% | 7.8% | 7.9% |
Each row is a quarter in which at least one rate changed. Rates were cut sharply in April 2020 and raised in steps through 2023.
Which scheme fits what
Monthly income: MIS (monthly) or SCSS (quarterly, 60+). Tax-free long-term saving: PPF, or SSY for a daughter under 10. A fixed sum that doubles: KVP. 5-year deposit with 80C/123: NSC or the 5-year time deposit. Saving a fixed amount each month: RD.
Key takeaways
- Highest rates for Oct-Dec 2026: SSY and SCSS at 8.2%.
- PPF 7.1% (since April 2020), NSC 7.7%, KVP 7.5%, MIS 7.4%.
- Rates are reset every quarter by the Ministry of Finance.
Frequently asked questions
What are the post office interest rates now?
For Oct-Dec 2026: SSY and SCSS 8.2%, NSC 7.7%, KVP 7.5%, MIS 7.4%, PPF 7.1%, time deposits 6.9-7.5%, RD 6.7%, savings 4.0%.
Which post office scheme gives the highest interest?
Sukanya Samriddhi Yojana and the Senior Citizens' Savings Scheme, both 8.2% for Oct-Dec 2026. Each has eligibility conditions (a girl under 10; age 60+).
When do post office interest rates change?
Every quarter. The Ministry of Finance announces the next quarter's rates near the end of March, June, September and December.
Which post office scheme doubles money?
Kisan Vikas Patra, in 115 months at the current 7.5%.