Public Provident Fund (PPF)
Government of India · Public schemes
Rate a year: 7.10%
Facts read on · Source
The facts
- Term
- 15 years
- Deposit
- ₹500 to ₹1.5 lakh a year
- Tax
- 80C; interest tax-free
Worth knowing
Interest is compounded once a year. Loans from the third year and withdrawals from the seventh; after 15 years the account can be extended in blocks of five years. The rate is set every quarter and applies to the whole balance.
Rate history
Rates are added, never edited, so earlier rates stay on this page.
- : 7.10% · 180-month term
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For education only. The Savingy Guide explains how money products and decisions work in general terms. It is not financial, investment, tax, insurance or legal advice, and it does not recommend any product. Rules, rates and figures change, so check the current terms before you act, and speak to a qualified professional about your own situation.