Glossary
/PPF Full Form
The full form of PPF is Public Provident Fund.
Want a government-backed guaranteed return? This is it. You can put in up to 1.5 lakh a year, but there is a massive catch. Your money gets completely locked for 15 years. It compounds quietly without any tax on the profits, making it a favorite for salaried folks who want a safe retirement bucket. You can even take a partial loan against it after a few years if you get stuck in an emergency.