What is the minimum amount to be invested in a PPF

Solution

1. The Public Provident Fund is a low risk , long term, fixed income investment. PPF was introduced in India in 1968 with the objective to mobilize small saving in the form of investment, coupled with a return on it.  

• PPF al lows a minimum investment of Rs.500 (Rs.100 to open an account) and a maximum of Rs. 1.5 lakh for each financial year . Investments can be made in a lump sum or in a maximum of 12 instalments. Deposit into a PPF account has to be made at least once every year for 15 years.