Public Provident Fund (PPF): Here Are Five Benefits You Should Be Aware Of

Public Provident Fund — also known as PPF — is a popular investment scheme which offers an investment avenue with decent returns coupled with income tax benefits. PPF account holders can invest a maximum of Rs 1.5 lakh each financial year. Also, they need to deposit a minimum of Rs 500 in a financial year to keep the account active. A PPF account comes with a maturity period for 15 years, which means your investment is locked in for ...