In a year the maximum amount that you can deposit in PPF is Rs. 70000 i.e they consider it as a higher limit for investment. If you deposit more than 70000, this would not be a problem. But you will not get interest for the amount exceeded Rs.70000.
In a year the maximum amount that you can deposit in PPF is Rs. 70000 i.e they consider it as a higher limit for investment. If you deposit more than 70000, this would not be a problem. But you will not get interest for the amount exceeded Rs.70000.
Rules/Guidelines at PolicyWala | Help Old People |
I am speaking from experience and my own personal views above - I am not an advisor, nor an expert.