The Ministry of Finance has announced that the interest rate for the Special Deposit Scheme (SDS) will be 7.1% per annum for the period of 1 October 2026 to 31 December 2026. This rate applies to deposits made by eligible Non-Government Provident, Superannuation, and Gratuity Funds. The notification, issued on 5 October 2026, confirms the rate is effective from 1 October 2026, impacting how these funds manage their investments and accounting.
The Ministry of Finance has notified an interest rate of 7.1% per annum on deposits made under the Special Deposit Scheme (SDS) for Non-Government Provident, Superannuation and Gratuity Funds for the quarter from 1 October 2026 to 31 December 2026.
The notification was issued by the Department of Economic Affairs, Ministry of Finance, on 5 October 2026.
7.1% Interest Rate Applicable From October 1
According to the notification, deposits under the Special Deposit Scheme will earn interest at 7
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FAQ :
The interest rate for the Special Deposit Scheme for the period 1 October 2026 to 31 December 2026 has been fixed at 7.1% per annum.
The Special Deposit Scheme is for eligible Non-Government Provident Funds, Superannuation Funds, and Gratuity Funds.
The 7.1% interest rate is effective from 1 October 2026.
The Special Deposit Scheme was introduced by the Ministry of Finance in 1975.
The notification was issued by the Department of Economic Affairs, Ministry of Finance.