Introduction
PPF is a 30 year old statutory scheme of the Central Government started with the objective of providing old age income security to the unorganized sector workers and self employed persons. Presently, there are nearly 30 lakh PPF account holders in India across banks and post offices.
Eligibility
Any individual (salaried or non-salaried) can open a PPF account. He may also subscribe on behalf of a minor, HUF, AOP and BOI. Even NRIs can open PPF account.
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