Public Provident Fund (PPF) is considered as one of the best instruments for planning your retirement. It’s an instrument open for everyone to invest for their retirement. Even parents and guardians can open a PPF account for their children. Over the long period of accumulation that PPF allows one to build a good corpus since there is a compounding benefit.
Here are 10 important things which you should know while opening a PPF account:
=> Opening and shifting of a PPF account: Any citizen of India can open PPF account in their own name. It can be opened with any registered bank or a post office which one can transfer easily from one location to another.
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