Back What is Public provident fund?
You may easily calculate the return and ppf interest using the practical financial tool known as the ppf calculator. Since it is challenging to estimate the ppf return manually, you may simply compute complicated values by using the online ppf calculator.
Frequently Asked Questions
The Ministry of Finance is responsible for setting the rate of interest for PPF. This rate is set every year. Currently, PPF interest rate has been reduced from 7.9% to 7.1%
The interest on PPF is calculated on the lowest balance in the account between the closing balance on the 5th day of a month and the closing balance on the last day of the month.