PPF Login: Many schemes are being run by the Central Government for the benefit of the people. One of these schemes is also included in the Public Provident Fund.
People get a chance to invest for a long time through the PPF scheme. Along with this, if people want, they can deposit some amount every month. However, if you also invest money in PPF scheme, then one important thing should be kept in mind, otherwise you may have to bear the loss.
maturity and interest
Actually, PPF scheme is a long term savings and investment scheme. If money is invested in this scheme, then its maturity is after 15 years. Only after 15 years money is available in this scheme along with interest. However, one special thing must be kept in mind in these 15 years. At the same time, in this scheme, people are being given annual interest at the rate of 7.1 percent.
Whenever investment is made in PPF scheme of PPF account, it is very important to invest at least Rs 500 in this scheme in a financial year. At the same time, a maximum of Rs 1.5 lakh can be deposited in this scheme in a financial year. In such a situation, if a person is not able to deposit even a minimum of Rs 500 in this scheme in a financial year, then the PPF account will become inactive.
minimum investment
After this, there will be a need to get that inoperative account acquitted again, in which some rupees will also have to be paid as fine. Apart from this, in the year in which you did not even make a minimum investment of Rs 500, people have to face problems regarding the interest received in that year. In such a situation, people should keep in mind that minimum investment should be made in the PPF account every financial year so that the PPF account does not become inactive.
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