Public Provident Fund – All You need to know
Public Provident Fund is one of the famous savings options among investors, like bank deposits and postal deposit schemes, SSY, etc. In addition, for investors who have a low risk appetite and want guaranteed returns, this scheme is ideal for them. Moreover, this scheme can be opened with Rs. 500, and the present interest rate is 7.1%. Important Features of PPF… Lock In Period… PPF is a long-term investment product, and the lock-in period is 15 years. So, the maturity of this account is after 15 years, and the amount can be withdran in full after 15 years only. In …
Ppf Vs Ssy – Which Is Good For Your Girl Child?
PPF vs. SSY Which one is good for you? Both schemes are backed by the Government of India. In addition, SSY is only for girls, while PPF can be opened by anyone. If you are looking to save money for your child’s marriage or higher education, these two products will come into our minds. In addition, both products have similar tax benefits. Let’s try to dig more to find more answers about PPF vs. SSSY. PPF vs. SSY: Which is good for your children? … Let’s compare both the products for features and benefits they provide to make informed investment …
