Wed, Feb 07, 2024
Investment in guaranteed return options such as Public Provident Fund (PPF) can also help you create a retirement corpus of more than Rs 1 crore. And that too, even if you start investing at the age of 30. Whether you invest Rs 12,500 a month in PPF or just Rs 7500, you can create a corpus of more than Rs 1 crore. However, the only condition is that you have to be steady and regular in your investing.
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Wed, Jul 05, 2023
When you invest Rs 1.5 lakh per annum in a PPF account for 15 years, the interest earned from the 11th year onwards could exceed your annual contribution, assuming a fixed interest rate of 7.1 per cent. As per the existing rules, you can deposit a maximum Rs 1.5 lakh in your PPF account in a financial year.
Tue, Jul 04, 2023
The Public Provident Fund (PPF) is a long-term savings scheme in India that offers reasonable returns and income tax benefits. PPF's attractive tax benefits, including tax deductions on contributions and tax-exempt interest and maturity amount, make it an appealing investment choice.
Mon, Feb 28, 2022
The coronavirus pandemic taught us many things. One of the most important takeaways from it is that one must always be prepared for the worst-case scenario. When it comes to emergencies, Provident Fund is a great option if you need money urgently. Here is how you can withdraw money for your PF account easily.
Tue, Jun 25, 2019
If you looked closely at Public Provident Fund (PPF) scheme then you would know that it is also a better scheme for young citizens who have reached 18 years of age, which is also the minimum requirement for the scheme.
Tue, May 09, 2017
Should investors invest in PPF after changes on interest rates?. Watch the full segment for more details.
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