What is ideal time to start new ppf account ?

POSTED BY Raghavendra Nadargi ON February 23, 2015 5:16 pm COMMENTS (2)

Team jagoinvestor, Thanks a lot ! You are eyeopener for me.

Its just start up for me in Personal Finance. Believe me, since last 2 weeks, i am reading your articles, just like an obsessive mind 🙂 and getting lots of real – practical information on Personal Finance.

I am exploring my ‘Threshold Point’ now..! also decided to open my ppf account.

Just one query..

What is ideal time to start new ppf account to get maximum benefit ? Whether to start right Now (Its Feb)? OR before 5th of March ?

I want to lumsum for that financial year.

2 replies on this article “What is ideal time to start new ppf account ?”

  1. nsabhyankar says:

    The best time to plant a tree was 20 years ago, the second best? Right now!

    Actually, if you are concerned about the longer maturity period, it would be better to open the account (AC) in the current FY (2014-15). The maturity date of the PPF account is 15 years after the end of FY in which the AC was opened.

    If you open the AC before 31 March 2015, the maturity date will be 31 March 2030 (2015+15 years). However, if you open the AC on or after 01 April 2015, the maturity date will be 31 March 2031 (2016+15 years)

  2. Hemanth says:

    Its ok if you open any time and invest any time. See this article. It clearly depicts that there is not much difference if u invest before 5th or after 5th.

    http://freefincal.com/ppf-before-5th-vs-after-5th/

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