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Benefits of PPF: #5 Extendable tenure

Tuesday, July 11, 2017, 5:39 AM

An investor can choose to close the PPF account at the end of 15-years (on maturity) and withdraw the entire-amount, or he can choose to extend the account for 5-years and continue to get the same benefits. Such extension can be done for a period of 5-years at a time, and it can be done indefinitely. So one can continue the PPF account indefinitely.
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Benefits of PPF: #3 Flexibility in deposit amount

Tuesday, July 11, 2017, 4:58 AM

PPF provides the widest flexibility in the amount that can be deposited in the account, from minimum amount of Rs.500 per annum to maximum amount of Rs 1 lakh per annum. Also, an investor can make up to 12 deposits in a year, in multiples of Rs 5. Due to the lower threshold limit, even a daily wage earner can open a PPF account.
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Benefits of PPF: #2 Multiple tax benefits

Tuesday, July 11, 2017, 4:41 AM

The amount invested in PPF is exempt from tax, the interest earned on the deposit is exempt from tax and the maturity amount at the end of the 15-year tenure is also exempt from tax. This triple tax benefit (Exempt-Exempt-Exempt or E-E-E status) makes PPF an attractive investment instrument from post-tax return point of view too.

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