In financial year 2020, value of public provident fund (PPF) with post office held by individuals in India under financial assets amounted to over 897 billion Indian rupees, an increase from the previous year. A PPF account can be opened by any individual by depositing a minimum yearly deposit of 500 rupees and up to a maximum of 150 thousand rupees in a financial year.
PPF with post office value as a part of individual wealth in financial assets across India from financial year 2015 to 2020
(in billion Indian rupees)
India's financial year begins in April and ends in March. For example, FY 2016 started in April 2015 and ended in March 2016.
Values have been rounded.
PPF stands for Public Provident Fund.
Note: One Indian rupee is equal to 0.014 U.S. dollars and 0.012 euros (as of August 2021).
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Karvy Private Wealth. (April 6, 2021). PPF with post office value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in billion Indian rupees) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/724045/india-public-provident-fund-with-post-office-value-in-individual-financial-assets/
Karvy Private Wealth. "PPF with post office value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in billion Indian rupees)." Chart. April 6, 2021. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/724045/india-public-provident-fund-with-post-office-value-in-individual-financial-assets/
Karvy Private Wealth. (2021). PPF with post office value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in billion Indian rupees). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/724045/india-public-provident-fund-with-post-office-value-in-individual-financial-assets/
Karvy Private Wealth. "Ppf with Post Office Value as a Part of Individual Wealth in Financial Assets across India from Financial Year 2015 to 2020 (in Billion Indian Rupees)." Statista, Statista Inc., 6 Apr 2021, https://www.statista.com/statistics/724045/india-public-provident-fund-with-post-office-value-in-individual-financial-assets/
Karvy Private Wealth, PPF with post office value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in billion Indian rupees) Statista, https://www.statista.com/statistics/724045/india-public-provident-fund-with-post-office-value-in-individual-financial-assets/ (last visited November 12, 2024)
PPF with post office value as a part of individual wealth in financial assets across India from financial year 2015 to 2020 (in billion Indian rupees) [Graph], Karvy Private Wealth, April 6, 2021. [Online]. Available: https://www.statista.com/statistics/724045/india-public-provident-fund-with-post-office-value-in-individual-financial-assets/
