No.

Month
Money
Deposited
Deposited
On
Lowest Balance
(from 5th to end of
month)
Interest
Rate
Monthly
Interest
1 Apr 3,000 Before 5th 34,122 8.70% 247
2 May 3,000 Before 5th 37,122 8.70% 269
3 June 3,000 Before 5th 40,122 8.70% 291
4 July 3,000 Before 5th 43,122 8.70% 313
5 Aug 3,000 Before 5th 46,122 8.70% 334
6 Sept 3,000 Before 5th 49,122 8.70% 356
7 Oct 3,000 Before 5th 52,122 8.70% 378
8 Nov 3,000 Before 5th 55,122 8.70% 400
9 Dec 3,000 Before 5th 58,122 8.70% 421
10 Jan 3,000 Before 5th 61,122 8.70% 443
11 Feb 3,000 Before 5th 64,122 8.70% 465
12 Mar 3,000 Before 5th 67,122 8.70% 487
PPF Balance at the end of year
4404
71526
31,122 PPF Balance before Financial Year
Total Interest for year
PPF Calculator
PPF interest is calculated monthly
on the lowest balance between
the end of the 5th day and last day
of month, however the total
interest in the year is added back
to PPF only at the year end
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