Public provident fund (ppf) is one of the most popular long-term investment options in india, offering high interest rates and tax-free returns. But did you know that married couples can legally double their ppf benefits? Here’s how you can make the most of it.
📌 1. Ppf basics
Tenure: 15 years, extendable in blocks of 5 years
Interest rate: around 7–8% per annum (compounded annually)
Tax benefits: investment under section 80c and interest earned is tax-free
Contribution limit: maximum Rs 1.5 lakh per financial year per account
Ppf is safe, reliable, and helps in long-term wealth creation.
👩❤️👨 2. How married couples can double benefits
Both husband and wife can open separate ppf accounts in their own names
Each account can receive a maximum contribution of Rs 1.5 lakh per year
By contributing full limit in both accounts, the couple can invest Rs 3 lakh per year legally
This simple trick doubles both investment and interest accumulation over the long term.
📈 3. Compounding advantage
Ppf interest is compounded annually
With two accounts, the combined interest grows faster due to compounding
Over 15+ years, this can create significant wealth while staying tax-efficient
For example:
Investing Rs 1.5 lakh each in two accounts at 7.1% interest can yield nearly double compared to a single account.
🏦 4. Tax benefits remain intact
Contributions in both accounts are eligible for deduction under section 80c
Interest earned in both accounts is completely tax-free
This strategy allows maximum tax saving legally while boosting long-term returns
💡 5. Key takeaway
Married couples can legally maximize ppf investment by opening separate accounts
Double contribution = double interest, double tax benefits
Consistent investment over 15+ years ensures substantial wealth creation
This simple ppf trick is safe, legal, and effective — perfect for couples looking to grow wealth while minimizing taxes.
Disclaimer:
The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk..jpg)
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