PUBLIC PROVIDENT FUND is commonly known as PPF in India. PPF scheme is the most preferred long term investment instrument which is guaranteed by the Government of India. The interest rate offered by the PPF account is unbelievably at  8%.

PPF account holders can invest minimum Rs.500 up to a maximum of Rs. 150000 per year.

Below is the eligibility for opening PPF account

PPF account can be opened only by the citizens of Indian. You can create PPF account with HDFC and ICICI bank within 5 minutes.

HDFC PPF account offers online service.

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