PPF Interest Rate Oct 2019 – 7.9%

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

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