PPF Account Details
The Public Provident Fund (PPF) secure (Backed entirely by the Central Government), popular, and tax-efficient long-term savings schemes Interest Rate: The interest rate is 7.1% per annum (compounded annually). Deposit Limits: You must deposit a minimum of 500 Rs. up to a maximum of 1.5 lakh per financial year. Tenure & Extension: mandatory 15-year lock-in […]