PPF Interest Rate List: The Public Provident Fund (PPF) is a government-backed investment scheme introduced in 1968 with the goal of encouraging small savings and providing reasonable returns along with tax-saving benefits. It serves as an excellent option for building a retirement corpus. Currently, the PPF account offers an attractive interest rate of 7.10% per annum, compounded annually.

The PPF enjoys a very low level of risk since it is supported by the government, providing investors with guaranteed and risk-free returns. Moreover, PPF falls under the EEE (Exempt, Exempt, Exempt) status, which means that the amount invested, the interest earned, and the maturity amount received are all exempt from taxation, making it a highly tax-efficient investment option.

## PPF Interest Rate List

Financial Year | Time Period | PPF Interest Rate (per annum) |
---|---|---|

2023-2024 | April 2023 – July 2024 | 7.10% p.a. |

2022-2023 | April 2022 – March 2023 | 7.10% |

2021-2022 | April 2021 – March 2022 | 7.10% |

2020-2021 | April 2020 – March 2021 | 7.10% |

2020-2021 | January 2020 – March 2020 | 7.90% |

2019-2020 | October 2019 – December 2019 | 7.90% |

2019-2020 | July 2019 – September 2019 | 7.90% |

2019-2020 | April 2019 – June 2019 | 8.0% |

2018-2019 | January 2019 – March 2019 | 8.0% |

2018-2019 | October 2018 – December 2018 | 8.0% |

2018-2019 | July 2018 – September 2018 | 8.0% |

2018-2019 | April 2018 – June 2018 | 7.60% |

2017-2018 | January 2018 – March 2018 | 7.60% |

2017-2018 | October 2017 – December 2017 | 7.80% |

2017-2018 | July 2017 – September 2017 | 7.80% |

2017-2018 | April 2017 – June 2017 | 7.90% |

2015-2016 | April 2015 – March 2016 | 8.70% |

2014-2015 | April 2014 – March 2015 | 8.70% |

2013-2014 | April 2013 – March 2014 | 8.70% |

2012-2013 | April 2012 – March 2013 | 8.80% |

2011-2012 | April 2011 – November 2011 | 8.0% |

2011-2012 | December 2011 – March 2012 | 8.60% |

2010-2011 | April 2010 – March 2011 | 8.0% |

2009-2010 | April 2009 – March 2010 | 8.0% |

2008-2009 | April 2008 – March 2009 | 8.0% |

2007-2008 | April 2007 – March 2008 | 8.0% |

2006-2007 | April 2006 – March 2007 | 8.0% |

2005-2006 | April 2005 – March 2006 | 8.0% |

2004-2005 | April 2004 – March 2005 | 8.0% |

### PPF Interest Rate Calculator

Check out HDFC Bank PPF Interest Calculator Online at below link

https://www.hdfcbank.com/personal/tools-and-calculators/ppf-calculator

Employees’ Provident Fund Organisation (EPF) Interest Rate List Last 10 Years History

#### How is Interest Calculated on PPF?

Interest on the account is calculated based on the minimum balance between the fifth and the last day of each calendar month. The interest will be credited to the account at the end of each financial year. Regardless of the account’s standing at the end of the fiscal year, interest is added to the account annually.

#### How to Use the PPF Calculator?

The PPF calculator automatically computes the maturity amount and wealth gained from the PPF investment.

**Input**

The PPF calculator requires the following inputs:

- Yearly Investment: The amount you wish to invest in a PPF account in a year.
- Duration of Investment (in years): PPF account has a lock-in period of 15 years and investors who wish to extend their investment can do so by a block period of five years.
- Current Interest Rate (%): Time to time, Scripbox updates its calculator with the current PPF interest rates.

**Output**

With the given inputs, the PPF calculator determines the following values:

- Total Investment: It is the sum of all the yearly investments.
- Wealth Gained: It is the total amount gained during the investment tenure.
- Maturity Amount: Maturity amount is the total amount one can expect from their PPF investments. In other words, it is the value that one can expect at the end of their investment tenure.

#### How to Calculate Expected Returns From PPF?

The expected returns are calculated using the following PPF Formula:

A = P [({(1+i) ^n}-1)/i]

Where:

A

A is the maturity amount

P

P is the principal amount invested in the PPF account

i

i is the expected interest rate of return on the PPF scheme

n

n is the tenure for which the amount is invested in the PPF scheme

To understand the concept of compounding interest and its effect on overall investment, let’s consider three investment alternatives with Mr. Arun investing Rs. 20,000 every year at a 7.90% interest rate:**Alternative 1**: 15 years**Alternative 2**: 20 years**Alternative 3**: 25 years

By using the PPF Formula, we can calculate the maturity amount for each alternative and observe the impact of the investment period on the final returns.

Investment period | Total amount invested | Total interest earned | Maturity value | Incremental Maturity Value |
---|---|---|---|---|

15 years | Rs. 300,000 | Rs. 242,428 | Rs. 542,428 | – |

20 years | Rs. 400,000 | Rs. 487,772 | Rs. 887,772 | = (Rs. 887,772 – Rs. 542,428) = Rs. 345,344 |

25 years | Rs. 500,000 | Rs. 874,402 | Rs. 1,374,402 | = (Rs. 1,374,402 – Rs. 887,772) = Rs. 486,630 |

Read :

All Bank FD Interest Rates List