Bangalore: In a developing country like India, it’s very important to protect ourselves. Though investments and insurances are a part of our lives, it is very important to renew those insurance policies so that you don’t fall into trouble when something unexpected happens.

Public Provident Fund is an instrument that helps you in tax savings. You can open a Public Provident Fund in any designated post offices and nationalized banks apart from State Bank of India. It is a very beneficial scheme for people who are retired and don’t have a structured pension plan covering them.

“The Economic Times” has listed out on 5 ways how you can renew your Public Provident Fund.

1. Centre for Investment Education and Learning (CIEL)

Centre for Investment Education and Learning (CIEL) is a place where you can take classes on banking and financial services sector. Moreover you will get complete training on all the sectors on banking sectors. Added to this, you will be involved in quiz and exams so that it will help you sharpen your knowledge.

If you have a Public Provident Fund (PPF) account and if you feel that you are negligent about it and it’s not active, you can immediately renew it by paying all the penalties and subscriptions.

Also Read:

Why India Should Have Women Centric Banks?

5 Reasons Why You Should Not Buy Diamonds