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This government-backed scheme offers tax benefits and stable returns, making it ideal for long-term financial security.
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 ...
The Public Provident Fund, PPF, account can be opened in a designated post office or a bank branch. It comes with an initial lock-in period of 15 years. The interest on PPF is compounded annually.
Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively.
Public Provident Fund Calculator: At the current interest rate of 7.1%, if you invest the maximum amount of Rs 1.5 lakh in a lump sum installment, then at the end of 15 years you will get a corpus ...
The Public Provident Fund (PPF) is a long-term savings scheme introduced by the Indian government to encourage individuals to build a secure financial future. With a lock-in period of 15 years and ...
Public Provident Fund (PPF) is one of the most popular saving scheme with limited risk-free investment tool. PPF interest rate today stands at 7.10 per cent per annum.
The Public Provident Fund (PPF) scheme introduced in 1968 & later amended in 2019 by the Government of India, is a savings scheme which encourages individuals to channelise their savings over a ...
As the Centre revises the interest rate of the Public Provident Fund (PPF) on a quarterly basis, the next revision in the PPF interest rate is due to take place by the end of December 2022.
The Public Provident Fund (PPF) offers a low-risk investment with a 7.10% interest rate. The changes, effective October 1, 2024, limit individuals to one PPF account per child, with excess ...