SCSS interest rate 2026: Has the government changed it for April–June quarter?

The government has not revised interest rates for small savings schemes, including the Senior Citizen Savings Scheme (SCSS), for the April–June 2026 quarter.

According to a Finance Ministry notification, interest rates for all small savings schemes for Q1 FY 2026–27 (April 1 to June 30, 2026) will continue at the same levels as those applicable for January 1–March 31, 2026.

The SCSS interest rate continues to be 8.2% per annum for the April–June 2026 quarter, offering stable returns for senior citizen investors.

The minimum investment amount in SCSS is Rs 1,000, while the maximum limit is Rs 30 lakh per individual across all SCSS accounts. It is designed specifically for individuals aged 60 and above who need a steady post-retirement income.

Additionally, an Aadhaar card is mandatory for opening an SCSS account, as part of KYC compliance requirements.

If an investor deposits more than the permitted limit, the excess amount is reimbursed. However, this excess earns interest only at the post office savings account rate from the date of excess deposit until the return date.

An SCSS account matures after five years, and can be extended in blocks of three years. After maturity or closure, investors can open a new account subject to the overall deposit limit. In case of the account holder’s death, the account will earn interest at the post office savings rate from the date of death until final closure.