After 15 years, the account holder has to inform the post office or bank within one year whether he/she plans to continue with deposits.
According to RBI, the government should be offering 6.63 % in the current quarter after factoring in the average yield of 6.38% on G-secs
Depositors can also extend their investments indefinitely in a block of five years, after the expiry of the initial lock-in period.
Do your own research and invest in the instruments that you understand and align with your financial goals
Retirement planning is very important. It cannot be left to chance.
Health insurance policies also come with tax saver facilities with a limit of Rs 1 lakh per annum.
Form D is required to be filled and submitted to the bank/post authorities where the PPF account is held to apply for loan against PPF.
Interest rates for small savings schemes, which are notified on a quarterly basis, have been kept unchanged for sixth straight quarter
Money 9 Helpline hosted Viral Bhatt, founder, Money Mantra to help you understand how you can include PPF and ELSS in your investments
PPF Account: If the PPF account is inactive, then one cannot close it before the completion of the maturity period.