WebFeb 28, 2024 · The current interest rate on Public Provident Fund deposits is 7.1%. You can invest only Rs 1.5 lakh in a PPF account in a year. Though the PPF interest rate is lower … WebThe PPF Interest Rates are benchmarked against the 10-year Government Bond Yield and is 0.25% higher than the average Govt. Bond Yield. PPF Interest Rates were earlier revised annually but from 2016 onwards, these rates are revised quarterly. PPF Interest is computed for a calendar month on the basis of the lowest balance in an account between ...

How EPF interest rate stacks up against SBI FD, PPF …

WebApr 12, 2024 · PPF Interest Rate Currently, PPF interest rate has been reduced from 7.9% to 7.1% and it is compounded on an annual basis. The interest is paid on March 31 and the PPF interest rate is set by the Finance Ministry on a yearly basis. WebDec 26, 2024 · The PPF account interest rate is uniform across all banks and post offices operating the scheme. The SBI PPF account interest rate is subject to change every quarter as per announcements made by the Ministry of Finance. For Q2 of (July-September) FY 2024-22, the PPF interest rate has been fixed at 7.1% per annum. shop stands shelving

SBI PPF Account: PPF Online, Interest Rate, Login, How to Open

WebApr 5, 2024 · The account can fetch you an SBI PPF account interest rate of 7.10% per annum. There is no difference in the interest rate on PPF accounts of banks. State Bank of India PPF interest rate is the same like other banks as it is a government scheme and the rates are decided by the government only. WebApr 14, 2024 · In PPF account, center announces PPF interest rate on quarterly basis while in NPS account, one's money gets exposure of both debt and equity. Currently, PPF interest rate is 7.1 per cent. WebSBI PPF Account Interest rate The rate of interest is determined by the government on a quarterly basis. Currently, the rate of interest is 7.9% p.a. The calculation of interest is on … shop stands minecraft