October–December 2026
Sukanya Samriddhi interest rate
सुकन्या समृद्धि योजना ब्याज दर
Last reviewed: 11 November 2026
For 1 October 2026 to 31 December 2026 the Sukanya Samriddhi rate is 8.2% a year.
That quarter is Q3 of the financial year 2026–27. The Department of Economic Affairs office memorandum F.No.1/4/2019-NS, dated 30 September 2026, says the rates for small savings in that quarter remain unchanged from the rates notified for 1 July 2026 to 30 September 2026. The memorandum does not reprint a table. The rate itself is the 8.2% the National Savings Institute lists for 1 January 2024 to 31 December 2026 on its history page, and the 8.2 it shows for the filled quarters of 2025–26 and for April–June and July–September 2026.
Two links, both official:
On 11 November 2026 the NSI table headed “w.e.f. 1st April 2025 onwards” still had blank cells for October–December 2026 and January–March 2027. The history page and the “unchanged” memorandum cover October–December 2026. January 2027 is a later quarter. Check the DEA page again when that quarter is notified.
It is one national rate
The Ministry of Finance notifies the rate for the scheme. There is no separate “post office rate” and no separate “SBI rate”. A bank that offers the account is applying this scheme, not a product with its own interest.
The rate is reviewed every quarter. It can be left as it is, which is what happened for October–December 2026, or it can be revised. The calculator lets you type another rate so a later quarter is not locked to 8.2%.
How a month’s interest is worked out
Paragraph 5(2) and 5(3) of the 2019 Scheme:
- Interest for a calendar month uses the lowest balance in the account between the close of the fifth day and the end of that month.
- Interest is credited at the end of each financial year.
- A fraction of a rupee is rounded as the Scheme specifies.
A deposit that reaches the account after the fifth day can miss that month. That is why a yearly estimate and a passbook can differ even at the same headline rate.
Rate history
Copied from the NSI history page:
| Period | Rate |
|---|---|
| 3 December 2014 – 31 March 2015 | 9.1% |
| 1 April 2015 – 31 March 2016 | 9.2% |
| 1 April 2016 – 30 September 2016 | 8.6% |
| 1 October 2016 – 31 March 2017 | 8.5% |
| 1 April 2017 – 30 June 2017 | 8.4% |
| 1 July 2017 – 31 December 2017 | 8.3% |
| 1 January 2018 – 30 September 2018 | 8.1% |
| 1 October 2018 – 30 June 2019 | 8.5% |
| 1 July 2019 – 31 March 2020 | 8.4% |
| 1 April 2020 – 31 March 2023 | 7.6% |
| 1 April 2023 – 31 December 2023 | 8.0% |
| 1 January 2024 – 31 December 2026 | 8.2% |
Paragraph 5(1) of the Gazette still shows 8.4%, the figure printed when the Scheme was notified in 2019. Do not use 8.4% as today’s rate.
The balance also depends on how much is deposited. The yearly minimum is ₹250 and the yearly maximum is ₹1,50,000, for 15 years. Those limits are on the scheme overview.
Related pages
Sukanya Samriddhi calculator
Estimate a Sukanya Samriddhi maturity from a yearly deposit of ₹250 to ₹1.5 lakh. Default rate 8.2% for Oct–Dec 2026. Nothing is sent.
Tax on a Sukanya Samriddhi account
NSI says a Sukanya Samriddhi deposit qualifies under section 80C, and interest is free from income tax under section 10.
Frequently asked questions
What is the SSY interest rate in 2026?
8.2% a year for 1 October 2026 to 31 December 2026. The Department of Economic Affairs office memorandum of 30 September 2026 says rates for that quarter stay as they were for July–September 2026.
Is the post office rate different from the SBI rate?
No. The Ministry of Finance notifies one rate for the Sukanya Samriddhi Account Scheme. A post office and an authorised bank do not set their own.
Is the rate fixed for 21 years?
No. It is reviewed every quarter and can stay the same or change. The 8.2% figure is for the current quarter, not a promise until maturity.
What were the rates since the scheme began?
The National Savings Institute history runs from 9.1% (3 December 2014 to 31 March 2015) to 8.2% (1 January 2024 to 31 December 2026). The table on this page copies that history.
Why do some pages still say 8.4%?
Paragraph 5(1) of the 2019 Scheme prints 8.4%, which was the rate when that text was notified. It is not the rate in force. Use the latest NSI table and the DEA office memorandum.