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What is the interest rate for Public Provident Fund (PPF) for Oct-Dec Quarter?
  • a)
    7.4%
  • b)
    7.1%
  • c)
    7.3%
  • d)
    7.5%
Correct answer is option 'B'. Can you explain this answer?
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What is the interest rate for Public Provident Fund (PPF) for Oct-Dec ...
The current interest rate, which is for Q3 (October – December) FY 2020-21 has been fixed at 7.1%. Investments made in Public Provident Fund are offered at interest rates that are set by the central Government for every quarter (every three months) of the year.
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What is the interest rate for Public Provident Fund (PPF) for Oct-Dec ...
Small Savings Schemes with Interest Rates for Oct-Dec Quarter
Senior Citizen Savings Scheme (SCSS)- 7.4 percent.
Sukanya Samriddhi Yojana Scheme (SSYS)- 7.6 percent.
Kisan Vikas Patra (KVP)- 6.9 percent.
Public Provident Fund (PPF) – 7.1 percent.
National Savings Certificates (NSC)- 6.8 percent.
Post Office Monthly Income Scheme (MIS)- 6.6 percent.
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What is the interest rate for Public Provident Fund (PPF) for Oct-Dec Quarter?a)7.4%b)7.1%c)7.3%d)7.5%Correct answer is option 'B'. Can you explain this answer?
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