Step-by-step guide to transferring your PPF, who needs it, required documents, KYC and how the new branch completes the move, plus why and when to shift accounts
Despite RBI's rate cuts, the government has kept PPF, NSC, SCSS and other small savings scheme rates unchanged for July-September 2025. Here's the full list of interest rates you'll earn this quarter
With markets on a rollercoaster, many Indians are turning to post office savings schemes for safer, steady returns. Here's why these old-school options are back in personal finance conversations
Post offices and banks charged Rs 50 to update PPF nominee details. Under new rules, this fee has been removed
Previously, it had been reported that financial institutions were charging a fee for updating or modifying nominee details in PPF accounts
This update follows a recent development where financial institutions were charging a fee for the updation or modification of nominee details in PPF accounts.
Rising inflation and shifting economic priorities are prompting investors to seek alternative avenues offering better returns
Under this announcement, the Public Provident Fund (PPF) and post office savings deposit schemes will retain their interest rates at 7.1% and 4%, respectively.
Making a start now will give you time to choose instruments prudently and avoid mis-selling
New rules for dealing with irregular PPF accounts have been notified by the Department of Economic Affairs which will be applicable from 1st October 2024.
Since PPF is a government-backed scheme, it offers full capital protection and guaranteed, risk-free return
Especially, PPF may see a sharp decline in inflows
Take into account your cash flow needs before making a lump-sum investment in this illiquid instrument
If you are planning to apply for a Post Office Savings Scheme, have a look at the different types of Post Office Savings Schemes.
Are you planning to invest in 2024 to protect yourself when the world is facing a recession? If yes, here are the top 5 investment options in 2024
When asked about the reason for the choice of the old tax regime, 43 per cent of taxpayers cited lower tax liability as the primary reason
The Senior Citizen's Savings Scheme (SCSS), designed for individuals aged 60 years or employees above 55 years of age and below 60 years of age, offers 8.2 per cent interest per annum
The Senior Citizen's Savings Scheme now allows three months to open an account, up from the current one month. Additionally, changes have been made to the premature closure rules for PPF accounts
The government has relaxed the norms for various small savings schemes, including the Public Provident Fund (PPF) and Senior Citizen's Savings Scheme. For the Senior Citizen's Savings Scheme, the new norms provide three months to open an account against one month's time at present. As per the gazette notification dated November 9, an individual can open an account under the Senior Citizen's Savings Scheme within three months from the date of receipt of the retirement benefits and proof of the date of disbursal of such retirement benefits. The deposit in such an account will earn interest at the rate applicable to the scheme on the date of maturity or the date of extended maturity, the notification said. In the case of the Public Provident Fund, the notification has made some changes with regard to the premature closure of accounts. This scheme may be called the Public Provident Fund (Amendment) Scheme, 2023, the notification said. According to the notification, some changes have
Switch fund manager only if long-term performance lags the category average