What is PPF?

What is PPF?

Public Provident Fund (PPF) scheme is a popular long-term investment option backed by the Government of India which offers safety with returns in the form of interest, which is compounded annually.


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    • How much can you invest in PPF?

      You can invest minimum Rs. 500 to maximum Rs. 1,50,000 in PPF in one financial year.

    • What are the other advantages of PPF?

      Apart from tax benefits, there are other advantages of investing in PPF You can get a loan against your PPF between 3rd to 6th financial year. You can make partial withdrawals after 7th financial year of holding period. Account can be extended in a ...

    • How is interest calculated on PPF?

      The interest rate in your PPF account is calculated on the lowest balance between the fifth and the last day of the month. Hence, to maximise your earnings, try making deposits between the 1st and the 5th of the month. Interest is compounded annually ...

    • What documents are required to open a PPF account?

      Following documents are needed to open a PPF account Nomination form Copy of PAN card or Form 60-61 Form A or PPF account opening form Photograph (passport size) Residence and ID proof as per Know Your Customer (KYC) standards.

    • What are the tax advantages of investing in PPF?

      PPF enjoys EEE status when it come to tax. This means that PPF is exempt from tax on all its 3 components- a) initial investment, b) interest, c) maturity amount