It suits individuals with a moderate to high risk appetite who are focused on long-term goals. The Public Provident Fund, or PPF, is a government-backed savings scheme designed for long-term wealth ...

When choosing where to open a PPF account, you can choose either a bank or a post office, as both offer the same rules and benefits. Any single adult who is a resident of India can open a PPF account.

While the Public Provident Fund (PPF) has lost some of its sheen over the years as interest rates have slipped gradually — 7.1% at present — several investors still prefer it given the tax ...