PPF offers guaranteed, tax-free returns with sovereign backing and Section 80C deductions. Current rate: 7.1% p.a., compounded annually, interest credited 31 March each year.
Minimum 15 years; extendable in 5-year blocks.
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Deposit before the 5th of each month to maximise interest. Max annual deposit: ₹1.5 lakh. Contributions qualify for Section 80C. Interest and maturity proceeds are fully tax-free (EEE status).
PPF rate is set by the government quarterly and may change. See our full disclaimer.