The Public Provident Fund ( PPF ) is a long-term savings scheme for consumers with low to zero risk appetite to invest in a government-backed scheme that helps them protect their investments from ... The PPF full form is Public Provident Fund , a long-term government-backed savings scheme introduced in the year 1968. The PPF account is open to all Indian residents and aims to encourage small savings with attractive interest rates. What is Public Provident Fund ? The " PPF " in full form in banking, stands for Public Provident Fund , a popular long-term savings and investment instrument in India. This government-backed scheme enables individuals to build a secure retirement corpus or meet other financial goals while enjoying tax benefits under Section 80C. This comprehensive guide offers all the essential information about Public Provident Fund ( PPF ) accounts in India, enabling investors to make informed decisions. What is ... PPF is a voluntary savings-tax-reduction social security instrument in India, introduced by the Ministry of Finance in 1968. It offers tax benefits, interest rates, and withdrawal options for residents of India.
