Public Provident Fund scheme interest rate 2023-24, PPF calculator: As soon as you your kid turns 18, they may choose to extend or withdraw the entire maturity amount. Extending the PPF account will be a major benefit since it's interest is compounding on the total amount. , Personal Finance News, Times Now
Because of its low risk and tax advantages, Public Provident Fund (PPF), a long-term investment programme backed by the Indian government, is one of the most well-known fixed income schemes.
As the Centre revises the interest rate of the Public Provident Fund (PPF) on a quarterly basis, the next revision in the PPF interest rate is due to take place by the end of December 2022.