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What is the current Public Provident Fund (PPF) interest rate for Q3 of FY 2024-25?
Question

What is the current Public Provident Fund (PPF) interest rate for Q3 of FY 2024-25?

A.

7.0%

B.

7.1%

C.

7.5%

D.

7.7%

E.

8.0%

Correct option is B

The current Public Provident Fund (PPF) interest rate for Q3 of FY 2024-25 is 7.1% per annum.
Other key features of the PPF scheme include:
· Minimum Investment Tenure: 15 years.
· Investment Range: Between Rs. 500 and Rs. 1.50 lakh in a financial year.
· Compounding: Interest is compounded annually.

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