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The Ministry of Finance has announced that deposits made under the Special Deposit Scheme (SDS) for Non-Government Provident, Superannuation and Gratuity Funds will continue to earn interest at the rate of 7.1% per annum during the quarter from July 1, 2026 to September 30, 2026. The notification was issued by the Department of Economic Affairs on July 3, 2026, under File No. 5(3)-B(PD)/2023. The revised rate takes effect from July 1, 2026 and will remain applicable throughout the second quar
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FAQ :
The interest rate for deposits under the Special Deposit Scheme for Non-Government Provident, Superannuation, and Gratuity Funds is 7.1% per annum for the period of July 1, 2026, to September 30, 2026.
The Special Deposit Scheme is for Non-Government Provident, Superannuation, and Gratuity Funds.
The notified interest rate of 7.1% per annum is effective from July 1, 2026.
The government reviews and notifies the interest rate for the scheme periodically, taking into account prevailing economic and market conditions.
The scheme enables eligible funds to deposit their surplus amounts with the Government and earn a notified rate of return, providing a secure investment avenue.
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