Post Office PPF Interest Rate

5paisa Research Team Date: 28 Dec, 2023 03:26 PM IST


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The Unit of Post, often referred to as the “Post Office”, is one of the nation’s first and most significant institutes. At present, it treasures the most widespread postal system of distribution networks worldwide. 

Along with the mail deliveries, the post office provides multiple financial facilities that involve saving plans. The Public Provident Fund, PPF, is one of the most prominent ones. With a high Post Office PPF Interest Rate, individuals can store their extra funds, earn secured returns and make significant savings.

What Is Post Office PPF Interest Rate?

The PPF interest rate 2024 refers to the Public Provident Fund. It is a savings scheme supported by the government. The project has been implemented with the objective of offering taxation-saving advantages. The interest rate of PPF for the recent quarter is around 7.10%. It is compounded on a yearly basis.

The present Post Office PPF Interest Rate ranges to 7.10% per annum. The calculator of post office PPF evaluates the following as per the following inputs: Wealth attained: INR 18,18,209, Overall Investment: INR 22,50,000 and Value of maturity: INR 40,68,209

Essential Features of Post Office PPF To Know

The PPF plan is a reputed scheme in India with many flexible and lucrative features. The primary features of PPF are as follows:

• Maximum Amount
• Minimum Amount
• Loan Facility
• Nomination Facility
• Maturity Period
• Withdrawal
• Taxation
• Mode of Payment
• Premature Closure
• Minor account
• Joint account

Overview of Post Office PPF Interest Rate

Public Provident Fund is a continuous investment for a period of 15 years presently provided at a 7.1% interest rate per annum. The highest amount under this interest structure is INR 1,50,000 each financial year.

Financial Year Interest Rate - in % P.A
1st January 2023 – 30 March 2023 7.10%
1st October 2022 – 31 December 2022 7.10%
1st July 2022 – 30 September 2022 7.10%
1st April 2022 – 30 June 2022 7.10%

How is Post Office PPF Interest Calculated?

The Post Office PPF Interest Rate is evaluated based on a monthly structure as per the pre-considered interest rate by the government authority. The interest percentage is accredited to one's account at the financial year's end. This calculator is available online, and you can calculate the PPF based on yearly investment, period and interest rate.


The Indian post has accredited the plan to be accessible at the stand-alone sub-post centers. It is on the verge of making the PPF plan more convenient and reachable. Moreover, one can attain a tax advantage of INR 1.5 lakhs for any scheme-related deposit. The Post Office PPF Interest Rate is also exempted from taxation directly to individuals.

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