US EditionUnderstanding the Interest Rate and Growth Potential of a Minor’s PPF Account
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Understanding the Interest Rate and Growth Potential of a Minor’s PPF Account
The Public Provident Fund (PPF) scheme, a popular savings instrument in India, offers individuals a secure avenue for long-term wealth accumulation. The PPF for minors, which allows parents or guardians to open the account on behalf of their children, is a compelling option for those keen on instilling financial prudence early. Understanding the interest rate and growth potential of a PPF account for minors requires an appreciation of its underl…
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