Amount invest yearly ?

Important point of PPF

  • Interest earn from PPF is tax free.
  • Minimum 500 and maximum 1,50,000 can be deposited in a year.
  • The duration of PPF is 15 year.
  • Joint account cannot be opened.
  • Premature closure is not allowed before 15 years.
  • Withdrawal is permissible every year from 7th financial year from the year of opening account.
  • An individual can open account with INR 100/-.
  • Interest rate : 7.6%