What Is Ppf? Ppf Account Rules 2020

By The Way, We All Have A Little Information About Ppf Account And Many Times There Is A Problem Due To Lack Of Proper Information Of Rules, Read It. Actually, The Full Form Of Pf Account Is "Public Provident Fund Account".



In Hindi It Is Called Public Provident Fund. It Is A Very Good Means Of Account Saving And Investment, It Is Administered By The Central Government.

What Is Ppf? Ppf Account Details In Hindi
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Ppf Means Public Provident Fund (Public Provident Fund) Is A Savings Scheme Made Available By The Government Of India To Its Citizens Which Is Placed In The Triple E-category (E-e-e: Exempt-exempt-exempt). That Is, From The Beginning To The End, You Will Not Have To Pay Any Tax Anywhere.

Public Provident Fund Was Established In 1968 By The Government Of India. The Objective Was That Unorganized Sector Employees, Who Do Not Have Epf, Pension Etc., Also Get A Chance To Save Money For Their Future.

The Government Kept Ppf Free From All Forms Of Tax For More People To Adopt This Scheme. Not Only This, Ppf Deposits Were Also Exempted Under Section 80C. This Scheme Is Very Popular At This Time. People Adopt It Due To Tax Savings And Good Interest Rate.

Ppf Account Rules 2020
Ppf Account Capital Is A Very Good One For Savings. The Main Purpose Of This Account Scheme Is To Give Savings To Incentive For Long-term. Therefore, In Today's Date, Lakhs Of People Of India Are Taking Advantage Of This Scheme By Opening This Account.

The Biggest Feature Of This Account Is That It Is Not Necessary To Open An Account That You Are A Job Person.

Ppf Account Rules And Regulations In Hindi
You Will Get 8.0% Interest On Your Investment In Ppf Account. You Can Open This Account In Any Postoffice Or Any Branch Of Sbi. Apart From This, You Can Also Open This Account In Some Other Nationalized Banks.

Ppf Account Opening Eligibility And Rules
Ppf Account Can Only Be Opened By Indian People.
Any Adult Person Can Open This Account In His Name Or In The Name Of A Minor (Minor).
A Person Can Open Only One Account In His Name.
There Is No Age Limit For Opening This Account.
Under The Ppf Scheme Rules There Is A Lock-in Period Of 15 Years, After Which The Account Can Be Extended For 5–5 Years.
An Account Is A Personal Account That Anyone Can Open.
How To Ppf Account: Open Ppf Account With
To Open Ppf Account, One Has To Go To Any Government Bank And Fill-up A Form. This Account Can Also Be Opened By Depositing Some Required Documents With A Saving Account. In The Process Of Opening An Account, A Photocopy Attached To The Original Documents Has To Be Given.



Download Ppf Form: If You Want To Open Your Account In Post Office, Then Download Here -

Download Ppf Form

If You Want To Open Ppf Account In Sbi Bank, Then You Can Download The Application Form From Here.

Ppf Account Open





If You Want To Know How Much Return You Will Get On Your Ppf Investment, Then You Can Use Is Ppf Calculator -

Online Ppf Calculator

Benefits Of Having A Ppf Account
You Can Transfer Ppf Account From Bank To Post Office And Post Office To Bank.
If Needed, One Can Also Take A Loan From The Amount Deposited In This Account.
It Is Necessary To Deposit A Minimum Of 500 Rupees In This Account Every Year And A Maximum Of 1,50,000 Can Be Deposited In A Year.
This Amount Can Be Deposited At Any Time In 12 Or Less Installments In A Year.
After 7 Years Partial Withdrawal Can Also Be Done From This Account.
Income Tax Under 80C Is Clicked On The Amount Deposited In This Account.
This Account Can Be Deposited In Cash, Demand Draft And Check.
For Maximum Benefit In The Account, It Is Best To Deposit The Amount Between 1St And 4Th Of Every Month.
The Account Holder Of Ppf Account Is Allowed To Change The Heir.
Failure Of Not Less Than Rs 500 In This Account Is A Penalty Of Rs 50 Per Year.
After The Death Of The Ppf Account Holder, The Account Will Become Inactive, And The Heirs Will Be Given A Maturity Deposit And Interest Immediately.
Conclusion:
Yes Friends, How Did You Like Today's Post, Today We Told You That Ppf Account Rules And Details Ppf Policy In Hindi In Very Easy Words We Also Learned In Today's Post.

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