A Pathway to Secured Monthly Income of Rs 9,250

The Public Provident Fund (PPF) is a government-backed investment option offering guaranteed returns and tax benefits.

Earn an annual interest rate of 7.4% (subject to revision), making PPF an attractive long-term investment.

Open a PPF account for yourself or a minor (below 10 years) under the guardianship of a parent.

Deposit a minimum of Rs 500 and a maximum of Rs 1.5 lakh annually to grow your wealth.

Maximize returns with compounded interest over PPF's 15-year tenure and optional 5-year extensions.

Enjoy benefits like loans against your PPF balance (3rd-6th years) and partial withdrawals after 6 years.

Max out contributions (Rs 1.5 lakh/year), start early, and deposit at the start of the financial year.

Be aware of the 15-year lock-in period, capped contributions, and fluctuating interest rates.