For individuals seeking a safe investment with steady returns, the Public Provident Fund (PPF) continues to be a preferred choice across the country. Backed by the Centre, the scheme offers both security and attractive tax benefits, making it a reliable option for long-term savings.

A PPF account can be opened at any post office or bank. Investors can contribute a minimum of Rs 500 and a maximum of Rs 1.5 lakh per year. The scheme comes with a 15-year lock-in period, allowing full withdrawal only upon maturity, although partial withdrawals are permitted after five years. Additionally, account holders can avail of loans against their PPF balance if required.

Currently, the government sets the annual interest rate at 7.1%, which is revised quarterly. The interest earned is completely tax-f

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