PPF rule alert: PPF is a long-term savings scheme with a lock-in period of 15 years. Investors can invest a minimum of Rs 500 ...
Individuals can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per year for 15 years in their PPF accounts. This amount ...
Under PPF rules, individuals can invest a minimum of Rs 500 and up to Rs 1.5 lakh per year, with a mandatory lock-in period of 15 years. At maturity, the invested amount along with interest is ...
According to the Public Provident Fund Act of 1968, an individual cannot open more than one PPF account in India. This rule applies even if you try to open a PPF account via different banks. For ...
India Today on MSN
Can you open multiple PPF accounts? Here's the answer
The Public Provident Fund (PPF) is one of India's most trusted long-term savings options, thanks to its tax benefits, steady returns and government backing. Many investors, however, wonder if it's ...
Can you legally hold more than one PPF account? Learn the rules, penalties for multiple accounts, merging options, and ...
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