What was the interest rate for PPF in 2015?
8.7%
This came into effect since FY 2017-18. The PPF Rate for year 2019 is: January – March 2019 (Q4 FY 18-19): 8%…PPF Interest Rates for the Past 10 Years.
| Period | Rate |
|---|---|
| July – September, 2016 | 8.1% |
| April 2015 – March 2016 | 8.7% |
| April 2014 – March 2015 | 8.7% |
| April 2013 – March 2014 | 8.7% |
What was the highest PPF interest rate ever?
The highest interest rate that the Employees’ Provident Fund (EPF) and Public Provident Fund (PPF) have ever offered was 12%. PPF hit that peak between 1 April 1986 and 14 January 2000, while EPF offered that rate from FY1990 to FY2001. The PPF came into existence in 1968.
What will be the maturity amount in PPF?
PPF Calculation Examples for Different Investment Tenures
| Investment Period | Total PPF Investment | Maturity Value |
|---|---|---|
| 15 years | Rs. 1.5 lakh | Rs. 2.9 lakh |
| 20 years | Rs. 2 lakh | Rs. 4.88 lakh |
| 30 years | Rs. 3 lakh | Rs. 12 lakh |
What was PPF interest rate in 2000?
PPF rates have seen many up and downs such as in 1999-2000 it’s rates are sky high 12%, while in beginning it was just 4.8%….PPF (Public Provident Fund) Interest Rate History.
| Year | Rate of Interest |
|---|---|
| From 1 March 2001 to 28 February 2002 | 9.5% |
| From 15 January 2000 to 28 February 2001 | 11% |
| From 1 April 1999 to 14 January 2000 | 12% |
Is PPF interest rate fixed for 15 years?
The interest rate on PPF is revised every quarter and for the April-June quarter, it fetches an interest rate of 8% per annum. PPF account has a tenure of 15 years and can be renewed in blocks of five years. It also enjoys income tax benefits.
What happens after 15 years of PPF account?
NEW DELHI: A Public Provident Fund (PPF) matures in 15 years. But it’s not mandatory for the depositor to close the account. You can extend it indefinitely in blocks of five years. One option for the account holder is to withdraw the entire amount, including interest, and close the account on maturity.
How can I check my PPF balance?
Check PPF balance through missed call or SMS: Give a missed call to 9223766666 or send an SMS ‘BAL’ to the same number to get the balance.
What was PPF interest rate in 2011?
PPF scheme was started by government of india in 1968 with rate of interest being 4.8%….PPF (Public Provident Fund) Interest Rate History.
| Year | Rate of Interest |
|---|---|
| From 1 April 2013 to 31 March 2016 | 8.7% |
| From 1 April 2012 to 31 March 2013 | 8.8% |
| From 1 December 2011 to 31 March 2012 | 8.6% |
| From 1 March 2003 to 30 November 2011 | 8% |
What was PPF interest rate in 2004?
8.00%
Latest PPF Interest Rate
| From Year | To Year | Interest Rate |
|---|---|---|
| April 2004 | March 2005 | 8.00% |
| April 2003 | March 2004 | 8.00% |
| April 2002 | March 2003 | 9.00% |
| April 2001 | March 2002 | 9.50% |