News India Live, Digital Desk: PPF Scheme: When it comes to investing our hard -earned money safely and properly, we often have a dilemma as to which scheme we should invest money, so that we get good returns and the money is also safe. If you are also looking for a scheme, then SBI’s PPF (Public Provident Fund) scheme can be a great option for you. This scheme not only keeps your money safe, but you also get good returns in it. So let’s know about SBI’s PPF scheme and why it can be a smart option for your investment.
Accounts can be opened with 500 rupees
State Bank of India’s Public Provident Fund Scheme is a government scheme, which aims to provide a safe and tax-free investment option to the people. Under this scheme, you get an interest of 7.1% every year, which is a good rate. In this, you can invest from Rs 500 to Rs 1.5 lakh annually. Its duration is 15 years, and if you want, you can also increase it in 5 years of blocks. Apart from this, in this scheme you also get a loan facility, so that you can also take a loan if needed.
How to open ppf account | Ppf scheme
To invest in this PPF scheme run by SBI, you must first open an account. You can easily open this account by going to your nearest SBI branch. If you want online, you can use SBI’s Yono App. Once the account opens, you can easily deposit your investment and avail all the benefits of this scheme.
Dream Science: The appearance of these dreams will open the door of luck, we will get wealth and wealth and respect
