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Public Provident Fund

15 Jun 2021

Public Provident Fund: Here’s how to make Rs 1 crore with PPF

An investor can save an amount as big as Rs 1 crore but for that one needs to understand the timing of investment, whether lump-sum investment or monthly investment is more beneficial, and how the interest will be calculated on your deposits. On a monthly basis, the interest on PPF balance is calculated and it is credited to the account of the subscriber-only at the end of the financial year (March 31). If you think of reaching the target of Rs 1 crore through PPF, you should consider depositing money in the account before the 5th day of a month.

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