As PPF interest calculation method changed to daily basis ?

POSTED BY Dipesh ON October 7, 2013 4:04 pm COMMENTS (3)

Hi,

Has PPF interest calculation method changed to daily basis? As earlier it was lowest of 5th to last month balance.  I have called IDBI bank for some PPF related work and they told me that RBI has changed it to daily basis. They asked me to check internet if i dont believe 🙂

Is it true ?

 

Thanks,

3 replies on this article “As PPF interest calculation method changed to daily basis ?”

  1. ashalanshu says:

    Dear Dipesh, I can not comment on the lady in question as I do not know the details about her and her answer to you.

    Thanks

    Ashal

  2. Dipesh says:

    Hehe, That was awesome Ashal. Now I wonder why that lady is not able to give me net banking password from 2 months and how she managed to get job in IDBI bank.

    Thanks,

  3. ashalanshu says:

    Dear Dipesh, PPF is not governed by RBI. Should i say more?

    Thanks

    Ashal

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