Reference rates
Official rates, in one place
Small-savings rates are set by the Ministry of Finance every quarter, EPF by EPFO every year, and the repo rate by the RBI. Bank rates shown are State Bank of India's published card rates; your rate may differ. Each figure links to its source.
Where savings earn the most
- Employees' Provident Fund (EPF) — FY 2025-268.25%
- Sukanya Samriddhi (SSY)8.2%
- Senior Citizens Savings Scheme (SCSS)8.2%
- National Savings Certificate (NSC)7.7%
- Kisan Vikas Patra (KVP)7.5%
- Post Office Time Deposit — 5 years7.5%
- Post Office Monthly Income Scheme7.4%
- Public Provident Fund (PPF)7.1%
- Post Office Recurring Deposit (5 yr)6.7%
- Bank FD 2–3 years (SBI)6.4%
- Bank FD 1–2 years (SBI)6.25%
- Bank FD 5–10 years (SBI)6.05%
- Post Office Savings Account4%
- Savings account (SBI)2.5%
What borrowing costs
- Personal loan (SBI, from)10%
- Gold loan (SBI, from)9.2%
- Car / auto loan (SBI, from)8.45%
- Home loan (SBI, from)7.5%
- Education loan (SBI, from)6.9%
Starting rates for good credit profiles. Repo rate 5.5%; CPI inflation 5.54%.
Government small savings
| Scheme / product | Rate | Valid | Source |
|---|---|---|---|
| Public Provident Fund (PPF)Compounded yearly; ₹500–₹1.5 lakh a year; 15-year term | 7.1% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Sukanya Samriddhi (SSY)Compounded yearly; girl child under 10 | 8.2% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Senior Citizens Savings Scheme (SCSS)Paid quarterly; 5 years | 8.2% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| National Savings Certificate (NSC)Compounded yearly, paid at maturity; 5 years | 7.7% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Kisan Vikas Patra (KVP)Doubles in 115 months | 7.5% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Post Office Monthly Income SchemePaid monthly; 5 years | 7.4% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Post Office Recurring Deposit (5 yr)Compounded quarterly | 6.7% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Post Office Time Deposit — 1 year | 6.9% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Post Office Time Deposit — 2 years | 7% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Post Office Time Deposit — 3 years | 7.1% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Post Office Time Deposit — 5 years | 7.5% | 1 Oct 2026 – 31 Dec 2026 | Ministry of Finance, Dept. of Economic Affairs — OM dated 30.09.2026 (Q3 FY 2026-27: rates unchanged)Checked 21 Oct 2026 |
| Post Office Savings Account | 4% | 1 Oct 2026 – 31 Dec 2026 | India Post — small savings schemesChecked 21 Oct 2026 |
Provident fund
| Scheme / product | Rate | Valid | Source |
|---|---|---|---|
| Employees' Provident Fund (EPF) — FY 2025-26Declared yearly by EPFO's Central Board of Trustees; notified 01.07.2026 | 8.25% | 1 Apr 2025 – 30 Jun 2027 | EPFO via All India Radio News (Prasar Bharati)Checked 21 Oct 2026 |
Bank deposits
| Scheme / product | Rate | Valid | Source |
|---|---|---|---|
| Bank FD 1–2 years (SBI)Senior citizens 6.75% | 6.25% | 15 Dec 2025 – 31 Dec 2026 | State Bank of India — retail domestic term deposits (w.e.f. 15.12.2025)Checked 21 Oct 2026 |
| Bank FD 2–3 years (SBI)Senior citizens 6.90% | 6.4% | 15 Dec 2025 – 31 Dec 2026 | State Bank of India — retail domestic term deposits (w.e.f. 15.12.2025)Checked 21 Oct 2026 |
| Bank FD 3–5 years (SBI)Senior citizens 6.80% | 6.3% | 15 Dec 2025 – 31 Dec 2026 | State Bank of India — retail domestic term deposits (w.e.f. 15.12.2025)Checked 21 Oct 2026 |
| Bank FD 5–10 years (SBI)Senior citizens 7.05% | 6.05% | 15 Dec 2025 – 31 Dec 2026 | State Bank of India — retail domestic term deposits (w.e.f. 15.12.2025)Checked 21 Oct 2026 |
| Savings account (SBI) | 2.5% | 15 Jun 2025 – 31 Dec 2026 | State Bank of India — interest rates (updated 15.10.2026)Checked 21 Oct 2026 |
Bank loans
| Scheme / product | Rate | Valid | Source |
|---|---|---|---|
| Home loan (SBI, from)EBLR-linked; w.e.f. 15.10.2026 | 7.5% | 15 Oct 2026 – 31 Dec 2026 | State Bank of India — interest rates (updated 15.10.2026)Checked 21 Oct 2026 |
| Car / auto loan (SBI, from) | 8.45% | 15 Oct 2026 – 31 Dec 2026 | State Bank of India — interest rates (updated 15.10.2026)Checked 21 Oct 2026 |
| Personal loan (SBI, from) | 10% | 15 Oct 2026 – 31 Dec 2026 | State Bank of India — interest rates (updated 15.10.2026)Checked 21 Oct 2026 |
| Education loan (SBI, from) | 6.9% | 15 Oct 2026 – 31 Dec 2026 | State Bank of India — interest rates (updated 15.10.2026)Checked 21 Oct 2026 |
| Gold loan (SBI, from) | 9.2% | 15 Oct 2026 – 31 Dec 2026 | State Bank of India — interest rates (updated 15.10.2026)Checked 21 Oct 2026 |
RBI policy
| Scheme / product | Rate | Valid | Source |
|---|---|---|---|
| RBI policy repo rateRaised 25 bps on 07.10.2026; next MPC review December 2026 | 5.5% | 7 Oct 2026 – 4 Dec 2026 | Reserve Bank of IndiaChecked 21 Oct 2026 |
Inflation
| Scheme / product | Rate | Valid | Source |
|---|---|---|---|
| CPI inflation (Sept 2026, year-on-year)Provisional, base 2024; RBI target 4% (2–6% band) | 5.54% | 1 Sep 2026 – 15 Nov 2026 | Ministry of Statistics & PI (MoSPI) press releaseChecked 21 Oct 2026 |