Small savings schemes are popular among conservative investors who want low risk and stable returns. Many of these schemes offer tax deductions, allowing investors to save on their overall tax liabilities. Some of the popular small savings schemes include Public Provident Fund (PPF), National Savings Certificate (NSC), Senior Citizens’ Savings Scheme (SCSS), Monthly Income Scheme (MIS), Sukanya Samriddhi Yojana, among others.
The government reviews interest rates of these small savings schemes every quarter. For the April-June 2026 quarter, interest rates of all these schemes have been retained, allowing investors to lock in returns of up to 8.2% per annum.
