Government small-savings schemes

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8 products

Product and bank⇅	Tenure / programme⇅ Filter Tenure / programme ◷Up to 1 year3◷1–5 years6◷5–10 years3◷Above 10 years5	General rate⇅ Filter General rate %7–9%5	Senior-citizen rate⇅	Minimum / deposit amount⇅ Filter Minimum / deposit amount ₹Up to ₹10,0003₹₹10,001–₹50,0003₹Above ₹50,0003	Withdrawal / refund terms⇅ Filter Withdrawal / refund terms %Percentage charge3!Conditional rules8	Payout / redemption⇅ Filter Payout / redemption MMonthly3QQuarterly5YYearly5✓At maturity4+Cumulative / reinvested3 Matches any selected option
Public Provident FundBank of Baroda	15 years, with extension facility	7.1% p.a.	Not applicable — the reviewed scheme page does not publish a separate senior-citizen rate or age-based rate uplift for this product.	₹500 per financial year, with a maximum contribution of ₹1,50,000 per financial year.	Partial withdrawal is available from the seventh financial year eligible premature closure is restricted to specified grounds after five years and interest is reduced by 1% under the scheme rules.	PPF matures after 15 years and may be continued with or without further contributions in five-year blocks the maturity balance is paid to the subscriber or nominee under the scheme rules.
Sukanya Samriddhi YojanaBank of Baroda	Up to 15 years from account opening	8.2% p.a. ↑	Not applicable — Sukanya Samriddhi is a girl-child savings scheme and does not publish a senior-citizen rate.	₹250 minimum to ₹1.5 lakh maximum	Up to 50% of the balance may be withdrawn for education after age 18 or passing Class 10, whichever is earlier. Premature closure is allowed on death, specified compassionate grounds after five years, or marriage after age 18 no separate penalty amount is published.	The account matures when the girl completes 21 years from opening. Interest is credited annually permitted education withdrawal is up to 50% after age 18 or Class 10, whichever is earlier.
Public Provident Fund (PPF)Indian Bank	NSC 5 years KVP 115 months (9 years 7 months) PPF 15 years SCSS scheme tenure/rules apply SSA deposits 15 years with maturity after 21 years NSMIS 5 years NSTDS 1, 2, 3 or 5 years.	NSC, KVP, PPF and SCSS rates are notified by the Government of India for the applicable period. The reviewed page states SSA 8.20% p.a. for FY 2024-25 Q1, NSMIS 7.4% p.a. for April–June 2026 and NSTDS 6.9%/7.0%/7.1%/7.5% p.a. for 1/2/3/5 years use the current Government/Indian Bank schedule before investing.	SCSS is itself a senior-citizen scheme. The other Government schemes do not publish a separate senior-citizen premium on the reviewed page.	NSC/KVP ₹1,000 in ₹100 multiples with no maximum PPF ₹500 in ₹50 multiples up to ₹1,50,000 per financial year SCSS ₹1,000 minimum and ₹30 lakh maximum SSA ₹250–₹1,50,000 per financial year NSMIS/NSTDS ₹1,000 and multiples.	NSC/KVP/PPF/SCSS/SSA/NSTDS withdrawal or premature-closure rules follow the respective Government scheme rules NSMIS publishes a 2% deduction within three years and 1% after three years. SCSS explicitly disallows loans against the deposit.	NSMIS pays interest monthly after one month NSTDS compounds quarterly and pays annually SSA compounds annually NSC/KVP/PPF/SCSS follow their Government scheme maturity and interest rules.
Senior Citizens Savings Scheme (SCSS)Indian Bank	NSC 5 years KVP 115 months (9 years 7 months) PPF 15 years SCSS scheme tenure/rules apply SSA deposits 15 years with maturity after 21 years NSMIS 5 years NSTDS 1, 2, 3 or 5 years.	NSC, KVP, PPF and SCSS rates are notified by the Government of India for the applicable period. The reviewed page states SSA 8.20% p.a. for FY 2024-25 Q1, NSMIS 7.4% p.a. for April–June 2026 and NSTDS 6.9%/7.0%/7.1%/7.5% p.a. for 1/2/3/5 years use the current Government/Indian Bank schedule before investing.	SCSS is itself a senior-citizen scheme. The other Government schemes do not publish a separate senior-citizen premium on the reviewed page.	NSC/KVP ₹1,000 in ₹100 multiples with no maximum PPF ₹500 in ₹50 multiples up to ₹1,50,000 per financial year SCSS ₹1,000 minimum and ₹30 lakh maximum SSA ₹250–₹1,50,000 per financial year NSMIS/NSTDS ₹1,000 and multiples.	NSC/KVP/PPF/SCSS/SSA/NSTDS withdrawal or premature-closure rules follow the respective Government scheme rules NSMIS publishes a 2% deduction within three years and 1% after three years. SCSS explicitly disallows loans against the deposit.	NSMIS pays interest monthly after one month NSTDS compounds quarterly and pays annually SSA compounds annually NSC/KVP/PPF/SCSS follow their Government scheme maturity and interest rules.
Sukanya Samriddhi Account (SSA)Indian Bank	NSC 5 years KVP 115 months (9 years 7 months) PPF 15 years SCSS scheme tenure/rules apply SSA deposits 15 years with maturity after 21 years NSMIS 5 years NSTDS 1, 2, 3 or 5 years.	NSC, KVP, PPF and SCSS rates are notified by the Government of India for the applicable period. The reviewed page states SSA 8.20% p.a. for FY 2024-25 Q1, NSMIS 7.4% p.a. for April–June 2026 and NSTDS 6.9%/7.0%/7.1%/7.5% p.a. for 1/2/3/5 years use the current Government/Indian Bank schedule before investing.	SCSS is itself a senior-citizen scheme. The other Government schemes do not publish a separate senior-citizen premium on the reviewed page.	NSC/KVP ₹1,000 in ₹100 multiples with no maximum PPF ₹500 in ₹50 multiples up to ₹1,50,000 per financial year SCSS ₹1,000 minimum and ₹30 lakh maximum SSA ₹250–₹1,50,000 per financial year NSMIS/NSTDS ₹1,000 and multiples.	NSC/KVP/PPF/SCSS/SSA/NSTDS withdrawal or premature-closure rules follow the respective Government scheme rules NSMIS publishes a 2% deduction within three years and 1% after three years. SCSS explicitly disallows loans against the deposit.	NSMIS pays interest monthly after one month NSTDS compounds quarterly and pays annually SSA compounds annually NSC/KVP/PPF/SCSS follow their Government scheme maturity and interest rules.
SBI Public Provident Fund AccountState Bank of India	15 years, extendable on application for one or more five-year blocks	7.10% p.a. for 1 July through 30 September 2026	Not applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.	Minimum ₹500 and maximum ₹1,50,000 per year, paid as a lump sum or instalments	Permitted subject to account age, specified dates, balances and current PPF Scheme rules	The government reviews the rate quarterly the displayed 7.10% applies through 30 September 2026.
SBI Senior Citizens Savings SchemeState Bank of India	5 years, with an optional further 3-year extension	8.20% p.a. for 1 July through 30 September 2026 ↑	8.20% p.a. for 1 July–30 September 2026 under the Government-notified Senior Citizens' Savings Scheme rate.	Minimum ₹1,000, then in multiples of ₹1,000, up to ₹30 lakh	Before 1 year: interest paid is recovered after 1 but before 2 years: 1.5% of deposit from 2 years: 1% during extension before 1 year: 1% after 1 year of extension: no deduction	Paid quarterly unclaimed quarterly interest earns no additional interest
SBI Sukanya Samriddhi AccountState Bank of India	Matures 21 years from opening contributions may be made for up to 15 years from opening	8.20% p.a. for 1 July through 30 September 2026 ↑	Not applicable: the reviewed scheme terms publish a scheme- or programme-specific rate and do not provide a separate senior-citizen rate for this product.	Minimum ₹250, then multiples of ₹50, up to ₹1,50,000 per financial year	Up to 50% of the previous financial year-end balance for education, or marriage after the beneficiary reaches age 18, subject to scheme rules	Up to ₹1.5 lakh annual contribution

Green marks the most favourable compatible published number or range in each column; incomparable units and overlapping range trade-offs remain neutral. It does not account for eligibility, service, exclusions or personal suitability.