ffreedom app (English)'s video: PPF vs SSY In English - Which Is Better Best Scheme to Invest Money Sana Ram

Download the ffreedom app from the Play Store or App Store to learn more about this video - https://ffreedom.com/youtube "The Public Provident Fund (PPF) is a retirement savings scheme offered by the Government of India to everyone to provide a secure post-retirement life. The minimum deposit you must make in the account per financial year is Rs. 500, which can go up to Rs. 1.5 lakh. Sukanya Samriddhi Yojana (SSY) is a small deposit scheme for the girl child launched as a part of the 'Beti Bachao Beti Padhao' campaign. It is currently 8.1 per cent and provides income-tax benefits under section 80 C of the Income Tax Act,1961. Even the returns are tax-free in the scheme. A PPF is a long-term modest savings and investment plan that can be used to develop a corpus of retirement or to fulfil specific future financial goals. A PPF is a long-term modest savings and investment plan that can be used to establish a corpus for retirement or to satisfy specific future financial goals. The benefits of PPF include compound interest rates and risk-free returns, as the rewards are independent of market volatility. The advantages of Sukanya Samriddhi Yojana accounts are that they can be opened for as little as INR 250, which can let you start saving for your female child's college expenses. While PPF is geared towards serving older adults, SSY is focused on assisting female children. " IndianMoney's ffreedom App is India's No1 Livelihood Education platform featuring 800+ video courses on Personal Finance, Business & Farming taught by super successful people from respective fields. Join over 80 lakh learners from India who are on their mission to increase their income by 10 times