What is Public Provident Fund | PPF interest rate, maturity rules and much more

PPF Public Provident Fund is a popular retirement savings plan in India with tax benefits on investments, interest, and maturity. This video guide covers the basics and tips to boost returns.

👉 PPF Investment Amount:
In a PPF account, you can invest any sum between Rs 500 and Rs 1.5 lakh in a year.

👉 PPF Tax Benefits:
PPF falls in the Exempt Exempt Exempt tax category. It means that the investments in PPF are eligible for deduction under Section 80C. Interest earned and the maturity amount are exempt too.

👉 PPF Withdrawal:
PPF has a 15-year lock-in period. After that, you can either withdraw your savings or extend the maturity for additional 5-year periods, as many times as you like.

👉 Loan Against PPF:
You can get a loan against PPF in the 3rd to 6th years of your account. The loan amount can be up to 25% of your balance from the second year before applying for the loan.

Watch the full video to learn more about Public Provident Fund.

#PPF #PublicProvidentFund

📃CHAPTERS

00:00 Introduction
00:46 Maximum and Minimum Investment Amount
01:18 Investment Date
03:19 Tax Treatment of PPF
03:57 Interest Rate on PPF
04:24 Maturity Period
05:00 Extension of PPF Account after Maturity
05:33 Partial Withdrawal Rules
06:32 Loan Against PPF

PPF withdrawal and closure rules | How to withdraw money from the PPF after and before 15 years
   • PPF withdrawal and closure rules | Ho...  

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