public provident fund

The Public Provident Fund is a government-backed savings scheme introduced in 1968 with the objective of promoting small savings among citizens and ensuring financial security during retirement. Administered by the Ministry of Finance, PPF offers an attractive interest rate, compounded annually, and comes with a lock-in period of 15 years. However, investors have the flexibility …

Public Provident Fund, PPF, Basics about PPF, Features PPF Account Read More »