Small savings schemes backed by the Centre offered interest rates of up to 8.20 per cent for the October-December quarter of 2026.
The Senior Citizen Savings Scheme and Sukanya Samriddhi Yojana offered the highest interest rate of 8.20 per cent.
The National Savings Certificate offered 7.70 per cent, while Kisan Vikas Patra and the five-year Post Office Time Deposit offered 7.50 per cent each. The Post Office Monthly Income Scheme offered 7.40 per cent interest.
The Public Provident Fund offered 7.10 per cent interest, while the five-year Post Office Recurring Deposit offered 6.70 per cent.
The Senior Citizen Savings Scheme also provided interest payments every three months. Parents saving for their daughters' future could consider the Sukanya Samriddhi Yojana.
The Public Provident Fund has a tenure of 15 years, and interest income is tax-free under the applicable rules. The National Savings Certificate may suit those seeking fixed returns over five years.
Investors should consider their age, financial goals, liquidity needs and investment horizon before choosing a scheme. They may also divide their savings among schemes instead of investing all their funds in one option.
The rates were announced for the October-December 2026 quarter. Investors should check the latest government instructions and scheme conditions before investing.
