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PPF Interest Rate Oct 2019 – 7.9%

October 14, 2019 admin Leave a Comment

PPF Interest Rate Oct 2019 – 7.9%

(SBI and HDFC PPF Interest Rate Calculation and Calculator 2019-20)

Govt Notified Revised Interest Rate of Public Provident Fund (PPF) from 1.10.2019 – 7.9.%

The rate of interest for Public Provident Fund (PPF) from 1.10.2019 to 31.12.2019 is 7.90 percent.

PPF Interest 7.9% continues…

The interest rates of Small Savings Schemes, particularly after April 2016, are being notified by the Govt on a quarterly basis. Accordingly, the revised rates of various Small Savings Schemes for the 3rd quarter of the FY 2019-20 from 1.10.2019 to 31.10.2019 will remain unchanged from those notified for the 2nd quarter of the current Financial year.

Annual Interest Rate Chart for Savings Scheme
Scheme Name (FY 2019-2020) 1st Quarter (Apr to Jun) 2nd Quarter (Jul to Sep) 3rd Quarter (Oct to Dec)
Public Provident Fund Scheme 8.0 7.9 7.9
Sukanya Samriddhi Account Scheme 8.5 8.4 8.4
5 Year National Savings Certificate 8.0 7.9 7.9

Top 10 Developments on PPF, EPF and GPF

  • GPF Interest Rate Fixed 7.9% for Further Three Months July 18, 2019
  • GPF to be introduced to willing NPS employees – AIDEF Circular April 14, 2019
  • GPF Interest 8% from 1.1.2019 to 31.3.2019 January 26, 2019
  • GPF Interest Rate 8% from October 2018 October 9, 2018
  • Speedy Clearance of GPF Final Settlement – DAD Estt. October 3, 2018
  • General Provident Fund Interest 7.6% from July 2018 July 23, 2018
  • General Provident Fund Interest Rate from April to June 2018 April 16, 2018
  • Current Pension rate of Contributory Provident Fund (CPF) pensioners April 6, 2018
  • GPF Interest Rate from Jan 2018 to Mar 2018 – DEA Orders January 3, 2018
  • EPFO Investment in Stocks through ETF August 11, 2017

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