ppf interest rate

The Finance Ministry has released the latest interest rates for the first quarter of the new financial year FY 2026-27 from April to June. The interest rates for all small savings schemes have been kept unchanged.

At the same time, investments in the five-year Senior Citizens Savings Scheme has been retained at 8.3 per cent. The interest rate on the senior citizens' scheme is paid quarterly.

To maximize benefits from PPF investments, ensure deposits are made by April 5 each year, as interest calculation is based on the minimum balance between the 5th and month's end. A timely deposit enhances returns, with tardy contributions resulting in interest loss.

ppf interest rate: As of the latest update for July-September 2024, the ppf interest rate stands at 7.1% per annum, compounded yearly. The interest rates for small savings plans for the quarter July- Sept 2024 are all unchanged.

Despite the continuously decreasing interest rates, the Public Provident Fund (PPF) is still one of the most trusted investment options. In terms of income tax implications, PPF enjoys exempt, exempt, exempt status (EEE) - contribution, interest and maturity proceeds all have zero taxes.

PPF interest calculator: Investors in Public Provident Fund (PPF) accounts for the financial year 2024-25 should deposit before April 5 to maximize interest earnings. Delaying deposits can lead to significant financial loss as interest is calculated based on the lowest balance between the 5th and end of each month.

Some experts, and the government, think cutting interest rates on small savings was a good idea. Here’s why we disagree

New rules now link PPF investments to PAN, making it impossible to hide multiple accounts. Exceeding the Rs 1.5 lakh annual limit can lead to interest clawback on excess contributions. Irregular accounts won't earn interest, with minor accounts earning a mere 4% until regularized.

The government has reduced the return on small savings schemes by 10 basis points. These include schemes such as public provident fund, Kisan Vikas Patra and the senior citizens saving scheme. The rates, notified by the finance ministry on Friday, will be effective for the second quarter ending September 30.

Opening a PPF account is easy for any Indian resident. It involves simple documentation and can be done online or offline. The PPF offers a 15-year term with annual deposits between Rs 500 to Rs 1.5 lakh. Extending the term can grow your corpus to over Rs 1 crore.

The government on September 30 raised interest rates on some small savings schemes that do not get income tax benefit as it started passing the hardening of interest rates to depositors. Check out the post office savings schemes that offer higher interest rates.

The government on Wednesday slashed interest rates on small saving schemes, including public provident fund (PPF) and national savings certificate (NSC) for the first quarter (Q1) of the financial year 2021 with effect from April 1. Interest rate of PPF have been reduced from 7.1 per cent to 6.4 per cent. While that on NSC has been slashed to 5.9 per cent from 6.8 per cent earlier.

Public Provident Fund (PPF) offers a secure, government-backed investment option with a current interest rate of 7.1%. It matures in 15 years but can be extended in 5-year blocks. A maximum annual investment of Rs 1.5 lakh can lead to significant returns and is eligible for tax benefits under Section 80C.

Unlock the potential to become a crorepati with disciplined Public Provident Fund (PPF) investing. This government-backed scheme offers tax-free returns and compounding benefits, making it ideal for long-term wealth creation. Discover who can open an account, investment limits, tax advantages, and how PPF compares to other popular investment options for a secure financial future.

There may be good news for Employees’ Provident Fund Organisation (EPFO) subscribers soon. The EPF scheme may fetch 8.6% interest from 2012-13 if the Central Board of Trustees (CBT) of the fund agrees to raise the rate.

Will Public Provident Fund (PPF) rate fall below 7% for the first time in decades, influenced by the Gopinath Committee formula and fluctuating 10-year government bond yields? Despite the possibility of a rate cut, PPF remains an attractive investment due to its tax-free interest, especially compared to taxable bank deposits and capped Voluntary Provident Fund contributions.

PPF rules 2024: The Ministry of Finance has released new guidelines for Public Provident Fund (PPF) accounts that will take effect from October 1, 2024. These changes affect PPF accounts held by minors, individuals with multiple accounts, and NRIs.

Public Provident Fund is one of the most popular tax saving investment schemes in India.

The government on Thursday decided to withdraw interest rate cut order on small savings schemes. The Centre had slashed interest rates on small savings schemes, such as post office deposits and public provident fund, by up to 110 basis points, dealing a fresh blow to savers seeking safety. The rate of interest on PPF was cut to 6.4%, its lowest since 1974, from 7.1%.

The government on Tuesday slashed interest rates on small savings schemes, including national savings certificate (NSC) and public provident fund (PPF), by up to 1.4 per cent for the first quarter of 2020-21, in line with moderation in bank deposit rates. Interest rates for small savings schemes are notified on a quarterly basis.

Good news for small savers! The government has maintained unchanged interest rates for Post Office Small Savings Schemes for October to December 2025. Key schemes like PPF (7.1%), NSC (7.7%), SCSS (8.2%), and Sukanya Samriddhi Yojana (8.2%) continue to offer stable returns.

Analysts feel the govt may not make such a drastic cut lest it fuels the simmering resentment against the “minor inconvenience” caused by demonetisation.

A sharp reduction in small savings rates have always been a ticklish issue politically with Yashwant Sinha facing severe criticism when he cut rates as finance minister in the Atal Bihari Vajpayee government.

The central bank’s rate hike means joy for investors and sorrow for borrowers. Be prepared to pay more EMIs if you have long-term loans

The Public Provident Fund (PPF) is a popular choice for tax-saving due to its tax-free interest and compounding effect.

Provident Funds (PF) is a saving scheme which encourages employees to invest and plan for their future financial needs.

Should you withdraw your investment from the PPF and invest the money somewhere else to earn better returns? No, say experts, pointing out that the tax-free status of the PPF makes it the best debt option for investors.

The interest rate would apply on Provident Funds of central government employees, railways and defence forces. Last month, the government announced that the interest on small savings, including NSC and PPF, will be hiked by up to 0.4 percentage point for the October-December quarter, to align it with rising deposit rates in the banks.