The National Savings Institute of the Finance Ministry created the PPF plan in 1968. PPF's major goal is to assist consumers in making little deposits and provide returns on their funds. The PPF plan pays a competitive interest rate and there is no tax on interest earnings. PPF is regarded as one of the greatest investing instruments for individuals who have a low-risk appetite. Because this investing technique is market-connected, the returns are poor. Learn more about the Minimum Deposit PPF Account at My First Crore.
