For those who want to start with small savings, PPF is the best investment option.
The minimum deposit amount starts with just Rs500. Also, a loan facility is available in PPF. The PPF account gets matured in 15 years. This way you can ensure a good corpus amount of savings combined with the interest earned on it for a duration of 15 years.
Assistance is provided at every step by Financial Friend, from documentation, to loan and maturity. All resident individuals are eligible to open a PPF account. The contribution under the account is eligible for tax deduction under Section 80C of the Income Tax Act. Also, the interest earned and the proceeds at maturity are exempt from tax.
To know more or invest in Public Provident Fund, contact us