When it comes to long-term wealth creation, Systematic Investment Plans (SIPs) and the Public Provident Fund (PPF) are two widely preferred options. While SIPs offer market-linked returns with higher ...
Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount ...
According to the Public Provident Fund Act of 1968, an individual cannot open more than one PPF account in India. This rule applies even if you try to open a PPF account via different banks. For ...
Whenever we suddenly need money, we rush to personal loans with 12% to 18% interest rates. But did you know that your PPF account holds a 'credit card' that you can use in difficult times? The rules ...
Can you legally hold more than one PPF account? Learn the rules, penalties for multiple accounts, merging options, and ...