Interest calculation on pf

2042 views 3 replies

Sir, I want to know that what is the procedure of calculation of Interest on PF?


Thanks

Ratan Chauhan

Replies (3)

Which PF?

 

Did you mean Public Provident Fund (PPF) ?

 

Well mostly the concept is same for all other PFs but well i want to know which PF

Yes, I mean PPF.

Interest 8.0% p.a. (compounded annually) is credited to the PPF account at the end of each financial year.


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