Fill in some The Government of India criticizes the interest rates on the savings profile in all quarters of the financial year. In addition, it also gives some new facilities to some people, so you should stay updated with the decisions of the government; let us tell you what changes the government has made in its rules.
The government has kept the interest rate on PPF at 7.10% in the past, this rate has been reduced from 2% to 1% in the past, after paying the principal amount of the loan, and you have to pay the interest in more than two installments. Will have to
PPF (PUBLIC PROVIDENT FUND)ACCOUNT LOAN FACILITY Government is giving a loan facility to PPF, know what are its benefits and follow its rules
Even after investing for 15 years, if you are not willing to invest, then you can start your PPF account without investing even after the completion of 15 years, it is not necessary to deposit money in this account.
PPF (PUBLIC PROVIDENT FUND) ACCOUNT LOAN FACILITY Government is giving loan facility on PPF, know what are its benefits, how to follow its rules
Its rule is that you can get a loan for only 25 percent of the balance in your account two years before the date of application. In simple language, understand that you applied for the loan on March 31, 2022.
Two years before this (on March 31, 2020), there was Rs 1 lakh in the PPF account, then you can get 25 percent of it i.e. 25 thousand loan.