What Is  PPF ?

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PPF Stands for Public Provident Fund and is one of the most popular Investment Scheme in India..

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Public provident fund is for individuals who are looking for safe and low risk appetite. I. 

Why PPF account ?

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Central Government of India Determines the interest rates. Currently it is 7.1% 

How much Interest on a ppf account ?

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Documents required

– Aadhar card / voter Id / Driving License, etc. – PAN Card. – Address Proof. – Form in order to Declare Nominee. – Photograph of the Individual (Passport Size).

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How to Withdraw from PPF account ?

On completion of tenure of PPF account. We can withdraw as usual by following general procedure.

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Is Premature Withdrawal Available in PPF account ?

In case of any Emergencies related to specific reason, partially we can withdraw. We have to follow and comply by various clauses.

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How much partial withdrawal can be made ?

We can Avail up to 50% of the total balance available. So, in a single transaction per financial year succeeding in the 4th year.

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What is the Taxation benefits ?

The entire investment value can be claimed under section 80c of the Income tax act of 1961.

Check the link for detailed information

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