My friend Radha wanted to save money for her daughter’s wedding.
But whenever she invested in a Recurring Deposit, it matured in around three to five years.
Once she withdrew the money, there was some emergency where she had to spend most of it.
What would you have done in place of Radha?
Not invested at all.
Invested for a more extended period in RD.
Invested in a long term investment product.
Not invest and take a loan for your daughters wedding later.
If you want to invest regularly but want to invest for a longer duration
The Public Provident Fund or PPF can be a good option for you.
Do you also have long-term goals like retirement, planning for your kid’s wedding, planning for your kid’s higher education etc.? Do you want to learn more about PPF? Keep scrolling to learn
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