New Delhi, April 15 -- The Public Provident Fund, commonly known as PPF, remains one of India's most widely preferred investment options, largely due to its tax benefits, stable interest earnings and ease of access.

Designed as a long-term savings instrument, it allows investors to build a corpus while earning assured returns on their contributions. Backed by the Government of India, PPF is often considered a safe and reliable avenue for conservative or risk-averse investors.

At present, the deposit rate is 7.10% per annum, which is reviewed by the government every quarter. The interest rate has remained unchanged for over 6 years, since 1 April 2020.

An individual can invest a minimum of Rs.500 and a maximum of Rs.1.50 lakh every year...