Open PPF account online

A PPF account can also be opened in any SBI Bank or its subsidiaries too. The application form for opening a PPF account with SBI is available at the official website of the bank which is http://www.statebankofindia.com/ . As soon as you open an account there is a facility of operating the account online. You just need to give an application in your nearest SBI branch or its subsidiary bank branch to link the PPF account to your bank account. For this purpose your bank account must have online banking facility activated

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PPF online payment in SBI and ICICI banks

First and foremost we must be aware how to open and operate this account. In brief, the PPF Account can be opened with any of the Post Offices and any of the branches of SBI (State Bank of India). From the year 2005, ICICI Bank has also been offering this scheme.

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Income Tax Section 80C Deductions

Income Tax Deductions section 80C Each year most of the people eagerly wait for the budget proposals to be announced for various reasons. One of the significant reasons is to know what all instruments of investments and deductions / exemptions have been included in the Section 80C of Indian Income Tax for employees, so that they [...]

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SBI PPF Account

State Bank of India, the largest bank of India’s Public Provident Fund Account is available for the general public to open. It can be opened in the public sector banks or post offices across India. The reason why individuals open this account is that they can claim for an income tax refund along with the interest as it falls in to the category of investments. The maximum limit of this account is 15 years although there are provisions for its extension into 5 more years at the maximum.

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Author: Munish Aggarwal writes on a variety of  topics including finance, technology, edication, travel to name a few. The articles are well researched and written in sinmple language for easy comprehension by the layman.