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PPF scheme News

Public Provident Fund

13 Sep 2022

Public Provident Fund: Invest Rs 100 per day in PPF, get Rs 25 lakh in 25 year

The interest of 7.1 percent is available on PPF. PPF's maturity amount is totally tax-free. The maturity period of PPF is 15 years.

12 Aug 2022

PPF Scheme: Save Rs 1.5 crore for retirement with Rs 1.5 lakh every year

An investor can amass a corpus of more than Rs 1 crore by making monthly investments of Rs 12,500 or Rs 1.5 lakh per year in PPF. The minimum and maximum investments for each fiscal year are 500 and Rs 1.5 lakh, respectively. The scheme's current annual interest rate is 7.1 percent, and the maturity period is 15 years.

31 Jul 2022

PPF Scheme: Invest Rs 417 everyday to become a Crorepati, here’s how

If you invest Rs 417 every day in your PPF account, your monthly investment value is approximately Rs 12,500. PPF now offers an annual interest rate of 7.1%, with interest computed on a monthly basis.

Public Provident Fund

26 Mar 2022

Check if your bank allows online PPF investment or you need to visit branch

Public Provident Fund investment offers tax benefits under Section 88 of the Income Tax Act. A few banks in the country allow their customers to begin their investment journey with the PPF scheme via net banking facility. Select banks allow investors to open their PPF accounts and put their money in the savings scheme completely online.

03 Mar 2022

Opened two or more PPF accounts? Check merger rules now

Investors won't receive interest in such cases. Department of Economic Affairs has clarified that the authority won’t entertain any proposal related to the merger of PPF accounts.

Govt small savings

29 Sep 2017

Govt retains interest rate on small savings for October- December

Investments in the public provident fund (PPF) scheme will fetch annual rate of 7.8 per cent while Kisan Vikas Patra (KVP) investments will yield 7.5 per cent and mature in 115 months.

Public Provident Fund

17 Nov 2015

PPF Account: 5 key facts you must know

Here are five facts you must know about PPF account so that you can make the most of this saving scheme.

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