![Investors can reap tremendous benefits through PPF](https://media.newstracklive.com/uploads/business-news/economy-news/Jul/03/big_thumb/ppf_5eff187b0e433.jpg)
Public Provident Fund (PPF) is considered much better for investment. Because those who invest here benefit well in the long term. There are different reasons for this. These include high returns, tax benefits and the sovereign guarantee of interest and principal. Investors can invest in this scheme, apart from creating a large retirement fund, they can also collect money for many big expenses, including children's education and their marriage. The most important thing is that in this scheme, interest income, annual investment and maturity amount, all three get interest rebate.
There has not been any change in the PPF interest rate. The government has kept the interest rates in the July-September quarter as before. That is, interest will continue to be received in PPF at the rate of 7.10 percent even during July to September. The interest in PPF is calculated every month, but it is credited only at the end of the financial year. Many PPF investors miss out on getting more interest for lack of a little information.
A new rule has come in the PPF scheme. Under which the interest is calculated from the fifth of the month till the end of the month on the minimum amount deposited in the PPF account. If money is added to the PPF account before the fifth date, then the minimum balance remains high during the period of calculation of interest. Even if you are investing in PPF on an annual basis, you should put the amount in your PPF account before April 5. You will get maximum interest in the scheme.
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