Hi all depositors,
Don’t invest your hard earned money in PPF account of any bank after 5th day of any month because as per norms of PPF scheme interest will not be applicable on your investment on the amount deposited in your PPF account.
Example : if you will invest Rs 150000 in your account on 6th April then for the month of April , you will get 0 (NIL) interest.
But if you will deposit on 5th April then you will earn interest for whole month including from 1st April to 4th April too.
This rule Is applicable for each month of year.
Invest wisely to get higher interest on your hard earned money .