Public Provident fund- with recurring deposit a high return option

Public Provident fund- with recurring deposit a high return option

  

It is a national scheme in India to invest with a guaranteed return of interest with utmost secure and safe deposit. It is also a good choice to invest in public provident fund because of no risk and high return. Many people also like to invest at a higher rate of deposit in this fund and prosper. Today more celebrities are prefer to invest in this fund.

Investment in public provident fund is also attracts income tax benefit. Though it is in a long term basis it provides a secure and fixed minimum rate of interest.  You can withdraw fund at maturity or after 15 years of term. You can invest maximum upto 70000 rupeees  per year in this fund.

You can take benefit from this fund for loan purpose. By showing your public provident fund  various loan could  be obtained.

You may opt it in recurring every month or yearly. Investment amount also at your choice to a maximum ceiling of 70000 rupees per annum. It gives more than 9 percentage and also hikes from time to time . Hence it could not laid any more pressure for payment installments. Any body you may be adoctor, professional , salaried, farmer, businessman there is no specific categorization . every body is allowed to invest in public provident fund.

This option of investment is quite popular in today in the volatile market. With high return and no risk why  any body feels reluctant to invest. It satisfies the investment and yielding projection and provide a better financial support to the needy.