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Public Provident Fund: Why all parents must open a PPF account for kids?

Opening a PPF account for your child is a great idea, but consistency is key. Benefits include a 15-year lock-in period, tax benefits, and compounding. The current PPF interest rate is 7.1%

Should you close or extend your PPF account after 15 years of lock-in period?

Because of its low risk and tax advantages, Public Provident Fund (PPF), a long-term investment programme backed by the Indian government, is one of the most well-known fixed income schemes.

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