Tue, Feb 27, 2024
PPF: Post Office guaranteed return schemes are popular since they give non-market-linked, risk-free returns. People use them to get monthly, quarterly, or annual returns, or build a retirement corpus These investment schemes are known to give steady returns, but they are hardly considered as options to generate a corpus running into crores. But if you consistently invest in a Post Office scheme such as Public Provident Fund (PPF), which gives you a compound annual interest of 7.1 per cent, in the long run, not only can you save considerable taxes, but you can also build a corpus of over Rs 1 crore. Know how-
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Wed, Jan 03, 2024
Public Provident Fund (PPF) has attracted Indian investors for long time. Its guaranteed returns and tax-free fixed income are some of the reasons why many from the country want to invest their hard-earned money in it. However, once the scheme matures after 15 years, people look for options to invest where their money can grow fast. There are many ways in which one can invest their PPF money. Know about those options in this article.
Fri, Dec 29, 2023
Public Provident Fund (PPF) is one of the safest and popular investment options. It provides investors with guaranteed returns and fixed income. While it offers a good interest rate, it is a tax free investment option, which means that the money you receive on maturity is completely yours. The maturity period in PPF is 15 years. If you invest just Rs 5000 a month in PPF, you can built a huge fund of Rs 26.63 lakh. Know how it is possible.
Tue, Dec 05, 2023
Public Provident Fund (PPF) is a government-run post office scheme that offers 7.1 per cent interest rate. Its provides exemption from tax, guaranteed returns, assured income, and the maturity period is 15 years. However, people considering PPF as a retirement planning investment scheme can continue after 15 years. PPF comes with partial withdrawal facility, and people looking for long-term investment can opt it to get good returns.
Fri, Aug 19, 2022
Sources in the banking industry, however, pointed out that when the Coronavirus pandemic broke out in 2020, both the RBI and banks had cut their deposit rates.
Sat, Jan 09, 2021
PPF vs NPS: Creating retirement fund via risk-free investment tools, Public Provident Fund (PPF) and National Pension System (NPS) or NPS scheme is considered one of the most suitable investment options
Sat, Mar 21, 2020
PPF Alert: PPF or Public Provident Fund is one of the most favoured retirement-oriented investment tools that fetch income tax exemption as well.
Wed, May 15, 2019
There are three schemes of Post Office which are the highest returns provider to customers. They are - Public Provident Fund account, Kisan Vikas Patra account and Sukanya Samriddhi account.
Sat, Apr 27, 2019
A post office savings scheme is defined as a list of products which guarantee reliability and risk-free returns on investment.
Sun, Mar 24, 2019
Public Provident Fund (PPF) is one of the safest and popular savings schemes at present. With the 8 per cent interest, which is compounded annually, PPF also assures a healthy return.
Wed, Feb 20, 2019
PPF vs SIP vs NPS: The problem is that most people in their 20s are not sure about the schemes where they should park their hard-earned money.
Sat, Dec 29, 2018
Public Provident Fund account extension rules: PPF account can help you earn over Rs 1 crore. However, at the current interest rate of 8 per cent, which is compounded annually, you cannot become a crorepati in the stipulated lock-in period of 15 years.
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