Overview

• An official Department of Economic Affairs notification states rates for the Oct–Dec quarter will remain the same as those for July–Sept 2025.
• Key rates continue at PPF 7.1%, NSC 7.7%, SCSS 8.2%, SSY 8.2%, Post Office Monthly Income Scheme 7.4%, KVP 7.5% with 115-month maturity, three-year term deposit 7.1% and savings deposit 4%.
• Rates are reviewed quarterly under the Shyamala Gopinath framework that links schemes to comparable G-Sec yields plus 25 bps; the June–Sept 10-year G-Sec average of 6.411% implies a PPF rate near 6.66%, below the notified 7.1%.
• Coverage notes this is the sixth or seventh consecutive quarter without changes, with the last tweaks in Jan–Mar 2024 for the three-year deposit and Sukanya Samriddhi.
• The decision arrives after three RBI repo cuts totaling 100 bps in 2025 and bank FD rate reductions, preserving income for millions of conservative savers.