1 Answers
Yes. Because your Rs.1.5 lakh will start to earn the interest from the first month itself. Refer my post of how interest is calculated in PPF at “PPF-When to contribute to get higher returns?“.
Depositing Rs.1.5lake in April is any benefit in PPF account?
Yes. Because your Rs.1.5 lakh will start to earn the interest from the first month itself. Refer my post of how interest is calculated in PPF at “PPF-When to contribute to get higher returns?“.