Any Risks involved?
Even though it is government backed product but interest risk exists. So thinking the same interest will get in future too may disturb your financial goal.
Interest rate trend of PPF
- 1st April 1986 to 14th Jan 2000-12%
- 15th Jan 2000 to 28th Feb 2001-11%
- 1st March 2001 to 28th Feb 2002-9.50%
- 1st March 2002 to 28th Feb 2003-9%
- 1st March 2003 to 30th Nov 2011-8%
- 1st Dec 2011 to 31st March 2012-8.60%
- 1st April 2012 to 31st March 2013-8.80%