What are the newest Submit Workplace Small Financial savings Scheme Curiosity Charge for July – September 2025? What’s the rate of interest for PPF, SSY, SCSS, KVP, or NSC schemes for 2025?
The Ministry of Financial Affairs is scheduled to announce the rates of interest for all Submit Workplace Small Saving Scheme Curiosity Charges on a quarterly foundation. In keeping with this, the division has communicated the related rates of interest for the Submit Workplace Small Financial savings Scheme for the interval of July-September 2025 on thirtieth June 2025.
Beforehand, rates of interest have been introduced on an annual foundation. Nonetheless, ranging from the fiscal yr 2016-17, rates of interest will probably be decided on a quarterly foundation. I’ve beforehand authored a complete article on this matter, and I’m together with the hyperlink to that article under.
Under is the timetable for change in rates of interest for all Submit Workplace Financial savings Schemes.
Submit Workplace Small Financial savings Scheme Curiosity Charge July – September 2025
On thirtieth June 2025, the Finance Ministry declared that the rates of interest for various small financial savings schemes will keep the identical for the quarter starting 1st July 2025.
The rates of interest for various Small Financial savings Schemes through the first quarter of FY 2025-26, which can begin on 1st July, 2025, and conclude on thirtieth September, 2025, will stay according to these introduced for the primary quarter (1st March 2025 to thirtieth June 2025) of FY 2025-26, based on a notification issued by the finance ministry. Seek advice from the under picture for a similar.
Therefore, the relevant fee of Submit Workplace Small Financial savings Scheme Curiosity Charge July – September 2025 is as under.
| Submit Workplace Financial savings Schemes Curiosity Charges July – September 2025 | |||
| Sl No. | Scheme Identify | Present Curiosity Charge | Revised Curiosity Charge |
| 1 | Financial savings Deposit | 4.00% | 4.00% |
| 2 | Time period Deposit 1 Yr | 6.90% | 6.90% |
| 3 | Time period Deposit 2 Yrs | 7.00% | 7.00% |
| 4 | Time period Deposit 3 Yrs | 7.10% | 7.10% |
| 5 | Time period Deposit 5 Yrs | 7.50% | 7.50% |
| 6 | RD-5 Yrs | 6.70% | 6.70% |
| 7 | NSC-5 Yrs | 7.70% | 7.70% |
| 8 | Submit Workplace Month-to-month Earnings Scheme (MIS) | 7.40% | 7.40% |
| 9 | Public Provident Fund (PPF) | 7.10% | 7.10% |
| 10 | Senior Citizen Financial savings Scheme (SCSS) | 8.20% | 8.20% |
| 11 | Kisan Vikas Patra (KVP) | 7.50% | 7.50% |
| 12 | Sukanya Samriddhi Scheme (SSY) | 8.20% | 8.20% |
Observe – KVP will now double in 115 months.
I’ve tabulated the identical within the picture format additionally to your reference.
Options of Submit Workplace Financial savings Schemes
Now allow us to look on the Submit Workplace Small Financial savings Schemes options. This offers you extra readability in choosing the proper product for you.
# Submit Workplace Financial savings Account
Like Financial institution Account, Submit Workplace additionally provides you the financial savings account to its clients. The few options are as under.
- Minimal Rs.500 is required to open the account.
- Account could be opened single, collectively, Minor (above 10 years of age), or a guardian on behalf of a minor.
- Minimal steadiness to be maintained in an account is INR 500/- , if steadiness Rs. 500 not maintained, a upkeep payment of 100 (100) rupees shall be deducted from the account on the final working day of every monetary yr and after deduction of the account upkeep payment, if the steadiness within the account turns into nil, the account shall stand mechanically closed.
- Cheque facility/ATM facility can be found
- Curiosity earned is Tax-Free as much as INR 10,000/- per yr from the monetary yr 2012-13
- Account could be transferred from one publish workplace to a different
- One account could be opened in a single publish workplace.
- A minimum of one transaction of deposit or withdrawal in three monetary years is critical to maintain the account energetic, else account turned silent (Dorment).
- Intra Operable Netbanking/Cell Banking facility is accessible.
- On-line Fund switch between Submit Workplace Financial savings Accounts/Cease Cheque/Transaction View facility is accessible by Intra Operable Netbanking/Cell Banking.
- The power to hyperlink with IPPB Saving Account is accessible.
- Funds Switch (Sweep in/Sweep out) facility is accessible with IPPB Saving Account.
# Submit Workplace Fastened Deposits (FDs)
- Minimal of Rs.1,000 and in multiples of Rs.100. There isn’t a most restrict.
- FD tenure presently obtainable is 1 yr, 2 Yrs, 3 Yrs and 5 Yrs.
- Account could be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
- Account could be opened by money /Cheque and in case of Cheque the date of realization of cheque in Govt. account shall be date of opening of account.
- Account could be transferred from one publish workplace to a different
- Single account could be transformed into Joint and Vice Versa .
- Any variety of accounts could be opened in any publish workplace.
- Curiosity shall be payable yearly, No further curiosity shall be payable on the quantity of curiosity that has develop into due for cost however not withdrawn by the account holder.
- The annual curiosity could also be credited to the financial savings account of the account holder at his choice.
- Untimely encashment not allowed earlier than expiry of 6 month, If closed between 6 month to 12 month from date of Opening, Submit Workplace Saving Accounts rate of interest will probably be payable.
- 5 Yrs FD is eligible for tax saving functions underneath Sec.80C.
# Submit Workplace Recurring Deposit (RD)
- Minimal is Rs.100 a month and in a number of of Rs.10. There isn’t a most restrict.
- Account could be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
- Tenure of RD is 5 years.
- Account could be opened by money / Cheque and in case of Cheque the date of deposit shall be date of clearance of Cheque.
- Untimely closure is allowed after three years from the date of opening of the account.
- Account could be transferred from one Submit Workplace to a different Submit Workplace.
- Subsequent deposit could be made as much as fifteenth day of subsequent month if account is opened as much as fifteenth of a calendar month and as much as final working day of subsequent month if account is opened between sixteenth day and final working day of a calendar month.
- If a subsequent deposit shouldn’t be made as much as the prescribed day, a default payment is charged for every default, default payment @ 1 Rs for each 100 rupee shall be charged. After 4 common defaults, the account turns into discontinued and could be revived in two months but when the identical shouldn’t be revived inside this era, no additional deposit could be made.
- If in any RD account, there’s a month-to-month default quantity, the depositor has to first pay the defaulted month-to-month deposit with default payment after which pay the present month deposit.
- There’s rebate on advance deposit of at the least 6 installments, Rs. 10 for six month and Rs. 40 for 12 months Rebate will probably be paid for the denomination of Rs. 100.
- One mortgage as much as 50% of the steadiness allowed after one yr. It might be repaid in a single lumpsum together with curiosity on the prescribed fee at any time through the forex of the account.
- Account could be prolonged for an additional 5 years after it’s maturity.
# Submit Workplace Month-to-month Earnings Scheme (MIS)
- Most funding is Rs.9 lakh in a single account and Rs.15 lakh collectively (It’s revised through the Funds 2023). Earlier it was Rs.4.5 lakh for a single account and Rs.9 lakh for joint accounts.
- Account could be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
- Any variety of accounts could be opened in any publish workplace topic to most funding restrict by including steadiness in all accounts (Rs. 4.5 Lakh).
- Single account could be transformed into Joint and Vice Versa.
- Maturity interval is 5 years.
- Curiosity could be drawn by auto credit score into financial savings account standing at similar publish workplace,orECS./In case of MIS accounts standing at CBS Submit places of work, month-to-month curiosity could be credited into financial savings account standing at any CBS Submit places of work.
- May be prematurely en-cashed after one yr however earlier than 3 years on the low cost of two% of the deposit and after 3 years on the low cost of 1% of the deposit. (Low cost means deduction from the deposit.).
- Curiosity shall be payable to the account holder on completion of a month from the date of deposit.
- If the curiosity payable each month shouldn’t be claimed by the account holder such curiosity shall not earn any further curiosity.
# Submit Workplace Senior Citizen Financial savings Scheme (SCSS)
I’ve written an in depth publish on this. Seek advice from the identical at ” Submit Workplace Senior Citizen Scheme (SCSS)-Advantages and Curiosity Charge“.
Observe – Efficient from 1st April 2023, the utmost restrict is presently Rs.30 lakh. Earlier it was Rs.15 lakh. This alteration occurred throughout Funds 2023.
# Public Provident Fund (PPF)
I’ve written varied posts on PPF. Refer the identical:-
# Nationwide Financial savings Certificates NSC (VIII Subject)
- Minimal Rs.1,000 and in a number of of Rs.100.
- No most restrict.
- Account could be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
- Tax Profit underneath Sec.80C is accessible.
- Tenure is 5 years.
# Kisan Vikas Patra (KVP) Account
- Minimal Rs.1,000 and in multiples of Rs.100. There isn’t a most restrict.
- Account could be opened single, collectively, Minor (above 10 years of age) or a guardian on behalf of minor.
- The cash will probably be double at maturity. Nonetheless, because the rate of interest modifications on a quarterly foundation. The maturity interval additionally varies as soon as in 1 / 4.
# Sukanya Samriddhi Account Yojana (SSY)
I’ve written varied posts on this. Refer the identical:-
Conclusion – Whereas inflation seems to be moderating, and RBI decreased the repo fee persistently, many assumed that this time Authorities will scale back it’s rate of interest. Nonetheless, fortunately the rates of interest not modified for this quarter additionally. This I feel is the constructive information for a lot of buyers 🙂