What is the PPF Interest Rate 2024? What is the history of the Public Provident Fund or PPF interest rate from 1968 to 2024?
Public Provident Fund or PPF is one of the preferred products for many investors. I strongly advocate using this product as your debt part of the portfolio. It is 15 15-year product, with tax benefits at the time of investment and also at the time of maturity. Hence, consider this product only if your time horizon of the goal is more than 15 years.
I have already written many articles about the Public Provident Fund. Refer to the same (list shared).
Public Provident Fund PPF Interest Rate 2023 (History from 1968 to Present)
Earlier the interest rates used to be announced yearly once. However, from 2016-17 onwards, the rate of interest will be fixed on a quarterly basis. I already wrote a detailed post on this. I am providing the links to those earlier posts below.
Based on these new changes, now onward interest rate will be declared on a quarterly basis.
Below…