12 Things You Must Know About Public Provident Fund
16:22
12 Things You Must Know About Public Provident Fund
Dec 16, 2022
etmoney.com
The Public Provident Fund (PPF) is a tax-friendly instrument for long-term savings. 📍It also allows you to avail a loan on the PPF balance in your account. The maximum amount of loan that you can avail of is up to 25% of the balance in the PPF account at the end of the second year immediately preceding the year in which the loan is applied for. 📍For example, if you open a PPF account in 2019-20 and apply for a loan in 2024-25, you would be able to avail yourself of 25% of the PPF account balan
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