Finance Ministry Announces 7.1% Interest on Special Deposit Scheme Until September 30:

The Finance Ministry has retained the 7.1% annual interest rate on the Special Deposit Scheme for non-government provident, superannuation, and gratuity funds for the July–September 2026 quarter.

Special Deposit Scheme Rate Holds at 7.1%

Vanshika verma

Jul 7, 2026

Last update on Jul 7, 2026

The Ministry of Finance has announced that the interest rate on deposits made under the Special Deposit Scheme for Non-Government Provident, Superannuation and Gratuity Funds will remain 7.1% per annum for the quarter from July 1, 2026, to September 30, 2026.

All eligible deposits under the Special Deposit Scheme, launched in 1975, will be subject to the revised rate, according to a notification issued by the Department of Economic Affairs on July 3, 2026. The government clarified that the 7.1% interest rate will be effective from July 1, 2026, and will remain in force until September 30, 2026.

Special Deposit Scheme is for non-government provident, superannuation and gratuity funds. It is a government-backed investment option with interest rates notified from time to time by the Ministry of Finance.

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Vanshika verma

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Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.