Govt Announces New Interest Rate on Special Deposit Scheme for Non-Govt Provident, Superannuation and Gratuity Funds

The Ministry of Finance has announced a new interest rate for the Special Deposit Scheme applicable to Non-Government Provident, Superannuation, and Gratuity Funds. This update will take effect from January 1, 2026. 

Interest Rate Details for the Special Deposit Scheme 

According to the notification from the Ministry of Finance, deposits made under the Special Deposit Scheme will earn an interest rate of 7.1% from January 1, 2026, to March 31, 2026.  

This scheme, initially introduced in 1975, continues to provide a secure investment avenue for various non-government funds. 

The updated interest rate reflects the government's ongoing efforts to offer competitive returns on these deposits, ensuring that fund managers and trustees can benefit from a stable interest income. 

Background of the Special Deposit Scheme 

The Special Deposit Scheme was established to provide a reliable investment option for Non-Government Provident, Superannuation, and Gratuity Funds.  

By offering a fixed interest rate, the scheme aims to safeguard the financial interests of employees and retirees who rely on these funds for their future financial security. 

Read More: RBI Signs Pact to Handle Delhi Govt’s Banking, Debt Management Operations from January 2026! 

Conclusion 

The interest rate update for the Special Deposit Scheme to 7.1% from January 1, 2026, reflects the government's commitment to providing competitive returns for Non-Government Provident, Superannuation, and Gratuity Funds. This move ensures that these funds remain a viable option for secure investments. 

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