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What's the interest I earn from my PPF account?

The money deposited in the PPF account earns interest at a rate fixed by the government periodically.

03 Dec 2008

The money deposited in the PPF account earns interest at a rate fixed by the government periodically.

The interest rate is 8 per cent (effective March 1, 2003), compounded annually. Interest is calculated for a calendar month on the lowest balance in your account between the close of the fifth day and the end of the month, and is credited to your account at the end of each year.

Monthly contributions to the PPF account earn simple interest till the end of the financial year.



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