New Delhi: Many of the best schemes are being run across the country on behalf of the government, whose people are getting benefits on a large scale. Meanwhile, the scheme run by the Modi government is winning the hearts of the Public Provident Fund (PPF) people, in which people are getting bumper benefits. People are getting bumper interest in the PPF scheme, which you can take advantage of comfortably.
If you delay even a little, then you have to regret it. Everyone is getting fat interest by joining the PPF scheme, which is making everyone dream of becoming rich and realizing. The government is now going to give strong gifts to the people associated with this scheme. The government may soon increase the interest amount, in which nothing has been officially said.
Interest amount will increase so much
The Public Provident Fund Scheme is working to win the hearts of the people, in which bumper interest is being paid. It is believed that the interest rates on PPF can be increased to 7.5 percent, which is currently getting 7.1 percent. A large number of people are going to benefit from increased interest rates.
After a review, it is considered possible to be announced to increase the interest rate on 30th September. The interest rate of PPF has not been changed from April 2020. Along with this, 7.1 percent interest is being benefited on PPF. At the same time, the interest rate applied to investment in the scheme is notified by the government on a quarterly basis.
Know how the calculation of interest happens
In every financial year, interest of interest is transferred to the account of PPF account holders. Along with this, the non -conservative is the benefit of annual compound interest. Along with this, interest for each calendar month is calculated keeping in mind the lowest balance in the account between the fifth day and the end of the month. Along with this, it is always advisable to advise in PPF at the beginning of the year. Only after this, interest is received on the deposit amount throughout the year.
