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You can renew PPF account till retirement and each renewal will be a block of five years after an initial period of 15 years. This makes PPF an optimal investment for retirement portfolio. June 11 ...
Public Provident Fund (PPF) offers guaranteed returns and tax benefits on investments up to Rs 1.5 lakh per year under ...
How to earn 60,000/month from PPF interest? If you keep your entire corpus of Rs 1,03,08,015 in PPF account, you will earn interest of Rs 7,31,869 (at 7.1 percent interest rate) annually.
Public Provident Fund (PPF) offers a secure, government-backed investment option with a current interest rate of 7.1%. It matures in 15 years but can be extended in 5-year blocks. A maximum annual ...
You can hold only one PPF account in your name, though accounts for minors are allowed within the overall ₹1.5 lakh annual contribution limit.