Maximize your PPF interest income!

Did you know?

For your PPF investments, interest is calculated on the lowest balance between the 5th and last day of the month. To maximize the returns, the deposits should be made between 1st and 5th of the month.

4 thoughts on “Maximize your PPF interest income!

  1. Thanks for this info. I have read some where long back that within a year , if PPF is remitted on monthly basis, interest is accrued for the period , as against doing it in late March. Pl confirm if this correct.

    I deposited some amount in my PPF account in Aug and Sep, Bank counter informed that interest for PPF will be done annually , based on March 31 balance. Does it mean that remittance during the course of the year will NOT fetch any addl interest?PL clarify, Thx

  2. Hello Jeyaram,
    No, you will GET the interest for the entire period.

    If you invested 40K in Aug and 30K in Sep, you will get interest on 40k for Aug-Mar and on 30k for Sep-Mar period.

    But the money is credited into your ac only in Mar.
    Hope that helps.
    Prem

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