Statements (51)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
savings scheme
|
| gptkbp:annualEvent |
1.5 lakh INR
|
| gptkbp:createdBy |
Government of India
|
| gptkbp:currency |
acts as a hedge against inflation
|
| gptkbp:currentHolder |
available online
individuals |
| gptkbp:enrollment |
any_Indian_citizen
|
| gptkbp:financials |
provides financial security
used for retirement planning considered a safe financial instrument promotes financial literacy among citizens promotes savings among citizens exempt_under_Section_80C |
| gptkbp:firstDeployment |
allowed under certain conditions
|
| gptkbp:fledgingPeriod |
partial withdrawals allowed after 7 years
|
| gptkbp:foughtAgainst |
allowed after 3 years
|
| gptkbp:funding |
managed by the government
flexible investment options can be managed online or offline after maturity period |
| gptkbp:generator |
15 years
|
| gptkbp:governmentType |
backed_by_Government_of_India
|
| gptkbp:governs |
part of national savings policy
regulated_by_the_Ministry_of_Finance |
| gptkbp:hasFunding |
500 INR
|
| gptkbp:hasTeam |
allowed after 5 years
|
| https://www.w3.org/2000/01/rdf-schema#label |
Public Provident Fund
|
| gptkbp:interests |
varies annually
compounded annually interest calculated on the lowest balance in the account. |
| gptkbp:internetAccess |
available for account management
|
| gptkbp:introduced |
1968
|
| gptkbp:investmentFocus |
long-term investment
long-term savings generally higher than fixed deposits offers flexibility in contributions |
| gptkbp:localGovernment |
supported by government initiatives
|
| gptkbp:maximumDepth |
1.5 lakh INR per year
|
| gptkbp:notable_winners |
allowed
|
| gptkbp:offersCoursesIn |
individual account
|
| gptkbp:opened |
can be opened at banks and post offices
|
| gptkbp:paymentMethods |
can be transferred to another bank
|
| gptkbp:protectedArea |
encourages disciplined savings
|
| gptkbp:rateOfFire |
reviewed quarterly
|
| gptkbp:retirementYear |
used as a retirement fund
|
| gptkbp:revenue |
tax-free at maturity
|
| gptkbp:riskManagement |
low risk
|
| gptkbp:takeoffDistance |
no age limit for withdrawal after maturity
|
| gptkbp:transferFee |
can be transferred between banks
|
| gptkbp:userCountries |
not a traditional savings account
|
| gptkbp:youth_development |
promotes financial growth over time
|