Stay updated with breaking news from Ppf Scheme. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Once the account is continued without deposits for more than a year, the account holder shall not have the option again to continue the account with deposits
All residents of India are eligible for investing in the PPF scheme. Individuals can open a PPF account by visiting the online portals of banks.
PPF now offers an annual interest rate of 7.1%, with interest computed on a monthly basis. According to the guidelines, investors can invest in their PPF account for up to 15 years in a succession.
As per the central bank's calculation, interest rate on the PPF scheme should have been 6.63% for the current October-December quarter instead of 7.10% that is being offered now