PPF Account: Many schemes are being run by the government of the country. By investing in which investors are getting good returns. PPF account is also one of these. If you are going to invest in PPF. Or have already invested, then there is good news for you. Actually, now the government has taken a big decision for the investors. About which it is important to know.

For information, let us tell you that in PPF, if you invest in your account on the 5th of every month. So you will get more benefit from this. Let's know about it in detail. How to invest on this date, you will get maximum returns.

At the same time, tell that in this government scheme, money has to be invested in the account on the 15th of every month. If PPF account holders do not do this. So they are not given interest on that month's investment.

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Benefits of depositing money on the 5th

If investors invest in PPF account on 5th of every month. So you will get more benefit from this. You can deposit Rs 1.5 lakh in PPF in a year. Now understand it in simple language that if you deposit this amount in your PPF account on 20th April. So at that time of the year you will get interest only for 11 months. On the other hand, if you put this amount in the account on 5th April. So you will have a profit of Rs 10,650.

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This is the interest received in PPF

Under this government scheme, the interest rate has been fixed at 7.1 percent by the government. Whatever is the minimum balance at the time of 5th of every month till the last date, interest starts being earned in the same month. In such a situation, whatever money the investor deposits after the 5th, he gets the benefit of interest from the next month.

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Account can be opened only once

For information, let us tell you that only one person can keep an account in PPF. According to the information, after December 12, 2019, more than one account opened in the name of the same person will be closed. On which no interest will be paid. At the same time, merging of multiple PPF accounts is also prohibited.

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