Public Provident Fund: PPF account opening facility is available in Post office, Banks, and etc. with their different types of term and conditions. Maximum Banks has provided to the opening of PPF account for customers also.
Public Provident Fund: PPF is one of the best ways for investment. Many peoples are choosing this way for future planning/huge return also. If we invest with a small amount now then become big financial support for the future. If you want to invest in your future then only PPF is the best manner to achieve your goal and you may become a CrorePati.
If you are trying to invest only Rs. 363 daily, subsequently you may get return amount up to 1 (one) crore. After that in a year, Rs.1,32,195.00 should be saved for 25 years at the present rate of interest. Now PPF has provided the rate of interest is 7.10 designed for all people. You may invest in PPF amount from Rs.500 to Rs.1,50,000 per annum. Maturity limit of this scheme is 15 years and this is eligible for Income tax concession under 80C.
Public Provident Fund means Tax-Free. You should be investing in this policy but after understanding of full conditions. Do not miss your opportunity. What are you think, invest means save?