13 August 2010
Any individual may, on his own behalf or on behalf of a minor of whom he is the guardian, subscribe to the Public Provident Fund (thereafter referred to as the fund) any amount not less than Rs. 500 and not more than Rs. 70,000 in a year.
13 August 2010
There is no such cap on the PPF. Its only maximum 70000/- & minimum 500/- per annum. Tenure : 15 years Can be extended in the multiple of 5 years.
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