The Public Provident Fund (PPF) is among the best available pension investment funds, providing tax-free compensation and a stable interest income. It’s a perfect risk-free option with an initial 15-year lock-in period where you can deposit up to Rs 1.5 lakh per year and currently earn an interest rate of 8 percent.
What Is PPF?
One of the most common long-term saving-cum-investment items is the PPF account or Public Provident Fund scheme, primarily due to its combination of protection, ret...