<h1>Interest rates for National Small Savings Fund (NSSF) loans to Centre and States cut from 9.5% to 8.8% for 2016-17.</h1> Interest rates for National Small Savings Fund (NSSF) loans to the Centre and States for the fiscal year 2016-17 have been revised from 9.5% to 8.8%. This adjustment aligns with the broader revision of interest rates for small savings schemes. Previously, the 9.5% rate for 2015-16 was considered burdensome for state economies. The government aims to facilitate the transmission of lower interest rates throughout the economy while considering the social objectives of certain National Small Savings Schemes. The revised rates for the first quarter of 2016-17 were communicated earlier.