Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Re: RE:How exactly is interest calculated ?
by Rajasekhar on Sep 02, 2009 06:14 PM

To get maximum benefit out of PPF you should deposit in the month of April Preferably before 5th. PPF is calculated based on number of days the money is in the account.

Ex If you deposit 10000 on April 1 2009
On April 1 2010 your money will become 10800.
If you deposit 10000 on October 1 2009 , On April 1 2010, your oney will become 10400 only.

I think this will make it clear

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Make PPF work for you