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September 12th, 2016, 12:36 PM
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Punjab & Sind Bank PPF
I recently opened an account in the Punjab & Sind Bank and searching for the details about the Public Provident Fund Scheme of this bank. Can you please tell what the eligiilbity required to apply for Public Provident Fund Scheme and also provide me Public Provident Fund Form? Punjab & Sind Bank is a government-owned bank with headquarters in New Delhi and was established in the year 1908. Public Provident Fund Scheme - 1968 The Scheme offers an investment avenue with decent returns coupled with income tax benefits as below - Deposits upto Rs 1 Lac qualify under Section-80C of I.T. Act Interest earned is completely free from Income Tax. The Rate of Interest is 8.7 %. Easy liquidity by provisions of loan and withdrawal. Eligibility – Individuals in their own name as well as on behalf of a minor can open the account. The Non Residents Indians are not eligible to open account under PPF Scheme. Punjab & Sind Bank PPF Form Below I am providing you the process to check the branch locater of this bank: 1 Visit the official portal of the bank which looks like: 2 In the middle of the home page you will get the branch locater link click on that. 3 You will be redirected to the new page looks like: 4 Enter your search details where you want to find the branch. 5 Your result will be displayed. Last edited by Neelurk; April 30th, 2020 at 05:37 PM. |
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