Investing properly in PPF

Investing in PPF:
If you are a regular investor of PPF, then you should invest before 5th of every month. Otherwise, you do not earn interest for that month for your investment.

If you are a casual investor who put lump sum money just before the end of tax year during January to March 31st, then you should dump your money before 5th of every money, just after your salary getting credited into your account.

Earlier, your bank account used to give interest for your money that you deposit before the 10th of that month, but things have changed after RBI allowed day by day interest credit in savings banks in India. That rule no longer valid in India.

So, from that point of view too, you should be good to invest before 5th of that month in your own PPF account opened either in SBI or post office. For my readers, you can open your own PPF account in India, only in SBI Bank or in Post Offices. The best part is it not in the custody of your company, but it your own managed fund.

Thanks for reading, and keep investing...




Regards, Kongkon