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MyLoanCare Ppf Interest Rate Calculator

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PPF Calculator 2019, PPF Interest Rate - SBI, Post Of ce, ICICI
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PPF Interest Rate in SBI, ICICI, Post of ce, All Banks Last Updated 13th May 2019

PPF Account Details

Current PPF interest rate 8% w.e.f. April 1, 2019

Lock in period 15 years

Minimum Account Rs. 500

Tax on PPF interest Nil, tax exempted

Interest payable on PPF is xed quarterly by Ministry of Finance, Government of India from April 1st, 2016.

Banks offer PPF accounts at the rate xed by Indian Government. Current PPF interest rates offered by all banks is 8% as
applicable from April 1st, 2019.

PPF calculator calculates the maturity amount and interest earned depending upon the type of investment you make ( xed or
variable).

Check rates and calculate PPF amount online with PPF account calculator.

You can get loan against PPF account.

CALCULATE PPF MATURITY AMOUNT

Year Opening Bal (Rs.) Yearly Amt (Rs.) Interest (Rs.) Closing Bal (Rs.)

1 0 150,000 12,000 162,000

2 162,000 150,000 24,960 336,960

3 336,960 150,000 38,957 525,917

4 525,917 150,000 54,073 729,990

5 729,990 150,000 70,399 950,389

6 950,389 150,000 88,031 1,188,421

7 1,188,421 150,000 107,074 1,445,494

8 1,445,494 150,000 127,640 1,723,134

9 1,723,134 150,000 149,851 2,022,984

10 2,022,984 150,000 173,839 2,346,823

11 2,346,823 150,000 199,746 2,696,569

12 2,696,569 150,000 227,726 3,074,294

13 3,074,294 150,000 257,944 3,482,238

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