, 4 tweets, 1 min read
My Authors
Read all threads
TIPS FOR PUBLIC PROVIDENT FUND (PPF) ACCOUNT HOLDERS

This shall be a ongoing tweet thread, with some thought process & tips added progressively for maximizing benefits from PPF.

Let us use this as a learning opportunity. So bring out your experiences/thoughts as well.

(1/n)
Do not close your PPF account immediately on retirement & draw the corpus. Manage with other retiral benefits i.e. EPF, for a few years. At the time of retirement, extend by another 5 years (With no contribution). The difference in corpus is close your 15 year contribution! (2/n)
Maximise benefits from your PPF contributions, based on interest calculation dates. If you invest
- Monthly basis, do so before 5th of every month
- Lump sum, do before April 5th of every year

5 of every month is the cut off for calculating interest on accumulated corpus.

(3/n)
Where to open?
Post office and Banks (SBI, ICICI, Axis, HDFC, Central Bank of India etc). Check with the nearest bank. Some banks provide online tranfer of contribution.

How to open?
Application form, photos & ID/Address proofs. Go to bank/PO, they guide further.

(4/n)
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Venkatesh Jayaraman

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!