How interest on PPF balance is calculated? This will help you earn more2 min read 13 Oct 2019, 08:24 AM IST
Interest on your PPF account is calculated on a monthly basis
At the end of the year, it is credited to your PPF account
From April 2016, interest rates on Public Provident Fund or PPF and other small savings instruments are notified on a quarterly basis. For the latest October to December quarter, it is fixed at 7.9%. The interest on PPF is compounded annually. But what is important to note is that the interest on your PPF account is calculated on a monthly basis but credited to your account on 31st March every year. PPF accounts have a maturity period of 15 years.
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