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How To Apply For Post Office PPF Scheme 📝 Post Office PPF Scheme offers 7.1% annual compound interest, tax-free returns, and long-term savings with full government guarantee. ⭐ 5 Key Points: 1. 7.1% annual compound interest 2. Tax-free maturity and returns 3. Minimum Rs. 500 & Maximum Rs. 1,50,000 yearly deposit 4. 15-year secure investment plan 5. Backed by Government of India 💰 Simple Calculation Example: Invest ₹50,000 per year × 15 years = ₹7,50,000 After 15 years at 7.1% compound interest
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The Public Provident Fund (PPF) scheme is a very popular long-term savings scheme in India because of its combination of tax savings, returns, and safety. The PPF scheme was launched in 1968 by the Finance Ministry. The main objective of the scheme is to help individuals make small savings and provide returns on the savings. Who can open a PPF account? Any Indian citizen over 18 years of age can open a PPF account. A guardian on behalf of a minor/ person of unsound mind . ​ No upper age limit fo
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