Good evening sir
I am gnanesh here from Bangalore Thank for the upload of the video of hoe to calculate the interest for ppf.
I right now student studing diploma final year .My big brothe told me about the PPF account and it sound me interesting so I opened an account in my bank i.e. SBI but I was not knowing how the interest r calculated after see the video I came to know once again thanks .
My Question is
Q My aim is to deposit 5000rs a yr for ppf account so can u tell me how can I earn more interest .
1 st method
if i deposit 5000rs in following denomination from 1st month to 12th month
300,200,500,300,400,200 …………………………….. etc will I get more interest .
OR
2nd method
or I will collect the 3-4 amount once the amount reach 1500Rs or 2000rs I will deposit
Which is the best method 1st method or 2nd method to earn more interest . or if have any better tell me sir I will be waiting for ur reply