In a world where financial stability and future planning are critical, having a reliable savings instrument is paramount.
For instance, if you apply for a loan in the financial year 2022-23, the maximum loan amount you can get is 25% of the balance in your PPF account as of March 31, 2021.
5. How To Open A PPF Account? Find an application form at the neighbourhood post office or sub-post office. Complete the form, then send it with the necessary KYC (Know Your Customers) paperwork ...
PPF is a small saving scheme that offers assured return to investors. One can invest anywhere between ₹500 to ₹1.5 lakh in a financial year. Deposits can be made in lumpsum or in instalments ...
"PPF or Public Provident Fund account gets matured after 15 years but after 15 years, one can extend it for next five years by submitting the form 15H within one year of the maturity period." Solanki ...