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The interest rates called out in this article has errors. This leads to error in calculating total balances at the end of a period.
Following is the interest rate table for PPF a/c:
Years Interest Rate
01.Apr.1986 to 14.Jan.2000 12%
15.Jan.2000 to 28.Feb.2001 11%
01.Mar.2001 to 28.Feb.2002 9.50%
01.Mar.2002 to 28.Feb.2003 9.00%
01.Mar.2003 to 30.Nov.2011 8.00%
01.Dec.2011 to 31.Mar.2012 8.60%
01.Apr.2012 to 31.Mar.2013 8.80%
01.Apr.2013 onward 8.70%