Top 10 Key Points for Public Provident Fund (PPF)


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Public Provident Fund (PPF) account comes under the Central Government. In this account, you can invest from Rs 500 minimum investment to Rs 1.5 lakh. You can earn interest on your invested amount for a fixed time period. Know some important things about it.

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Top 10 Key Points for Public Provident Fund (PPF)

  1. Public Provident Fund (PPF) comes completely under the Central Government.
  2. Public Provident Fund (PPF) is a long-term investment option, on the invested money an investor gets a good interest rate.
  3. In a financial year, the minimum amount of investment in the PPF account is Rs. 500.
  4. In a financial year, the maximum amount of investment in the PPF account is Rs. 1,50,000.
  5. An annual compound interest of around 7% is begin given on the PPF account.
  6. The Interest rate given on the PPF account is not stable, after every three months, the interest rates are reviewed and can be changed. 
  7. The maturity period for the PPF account is 15 years.
  8. PPF accounts are under income tax exemptions. An investor can save up to Rs 1.5 lakh in a financial year under Section 80C of the Income Tax Act.
  9. There is a difference between a PPF account and an FD account.
  10. Under certain circumstances, after completing 5 years of continuous contribution to the PPF account, an investor can close the premature PPF account. circumstances like, in case of a change in residence, In case of life-threatening disease, etc.

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Public Provident Fund PPF & FD

There is a difference between Public Provident Fund PPF and Fixed Deposit i.e. FD. So you should contact your bank directly and get full information about the interest rate and maturity period of both accounts.

Along with this, if for some reason the account has to be closed before maturity. So you will get information about that from your respective bank officials.

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Disclaimer – Above information is only for educational purposes. Interest rates and terms in the PPF account can be changed with the passage of time.

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