Note from Editor
Individuals who are residents of India are eligible to open a ppf account .PPF account can be opened
for minor by his or her Legal Guardian. Single Individual can open only one ppf account under there name.
Minimum deposit of Rs 500 is required to open and maintain PPF Account and maximum deposit is Rs 1 lakh in any given financial year.
If you fail to make deposit in any given year , then you will be charged a penalty of Rs 500 and you
can make deposit for the previous year. You will not get any returns for the past year.
Interest is calculated on the lowest balance between the close of 5th day and the last day of every month.
Minimum tenure for PPF is 15 years , which can be extended in blocks of five.
Investment for upto 1.5 lakh can be made in PPF for tax rebate.
Rates Update Year : 2023
Please find the list of PPF Rates , shown yearwise.