Public Provident Fund(PPF)

Scheme Status
Open
  1. Scheme duration 15 years
  2. Interest rates of F.D. rates which keeps changing every year as declared by year
  3. Per year payment from Rs. 500- Rs. 1.5 lacs
  4. You can withdraw from 7th year onwards
  5. Income tax benefit of 80-C under old Income tax regime
  6. Interest is tax 100% income tax free
  7. If not redeemed after 15 years keeps earning interest.