PPF (Public Provident Fund) received the consensus of major Personal Finance experts due to its unique benefits. Even-though it offers incomparable benefits, some hidden losses also there. I am furnishing five losses, which may not applicable to all but someone may affect.
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Since PPF (Public Provident Fund) inception in 1952 interest rates are gradually increased upto 2001. In 1952 PPF Interest rate was 3% and it has gone to 12% in the year of 1989 and remained so until 2001. 49 years there is no decrease in the interest rates. This would have created ultimate trust on many investors. Many would have generated good lumsum on their personal finances. Which is ultimately benefit to the country itself.
Permanent link to this article: http://www.stepsandtips.com/personal-finance/how-decreased-ppf-interest-rates-influences-investors/2541/
Internet reachout has changed the Shopping style. In anyone’s busy schedule spending time on shopping is some thing like tedious. Shopping on web is the new trend now. Along with convenient, security, door delivery online shopping sites offering huge discounts.
Cash back offers, Cash discount, coupouns, offer sales , buy one get one.. these all are the forms that online shopping malls offering discounts to the shopper. I found some sites, which are worth seeing before you go for online / offline shopping for any items.
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Any Person who wants to Open PPF (Public Provident Fund) Account should visit Post Office or Bank. But Now a days in everyones’ busy working schedule it is some what difficult to visit Banks / Post Offices repeatedly. So it is quite natural expecting Online PPF Account service.
As far as i know, there is no option like opening PPF Account completely at Online. Applicant should visit atleast once. Comparing to all other options of opening PPF Account, ICICI Bank which is the only Private Bank providing PPF Account Service offering bit more comfortable option of opening PPF Account online.
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