From 3.35% to 6.85%: Finance Ministry Raises Senior Citizens Welfare Fund Interest Rate for FY 2025—26
The Ministry of Finance has more than doubled the interest rate applicable to the Senior Citizens Welfare Fund from 3.35% to 6.85% for FY 2025—26. The revision, notified on 8 June 2026, directly strengthens the fund’s capacity to support healthcare, financial security and livelihood initiatives for the elderly.