Punjab National Bank PPF Online

What is the Punjab National Bank PPF service & how to apply online for Punjab National Bank PPF, what is the required eligibility criteria, will you please provide here???

[Quick Sam]

The PPF or Public Provident Fund is one of the most popular long-term investment options offered by the Central Government for Indian residents.

Eligibility;

Individual or individual as guardian of a minor can open the account

HUF are not eligible.

Non Resident Indians are not eligible to open the account.

Only one account can be opened by an individual in one name.


Duration:

The account is of 15 years duration and the account can be continued for one or more blocks of 5 years without loss of interest on written request within 1 year from the date of maturity.

Interest:
Interest at the rate of 8.70% p.a. w.e.f 01.04.2013 is credited to the account on 31st March of every year on the minimum balance between 5th day and end of the month.
PNB PPF Application form


Required documents:

ID PROOF:

a) PAN Card

b) Driving License

c) Voter ID Card

d) Passport

ADDRESS PROOF:

a) Telephone Bill

b) Electricity Bill

c) Ration Card

2 (RECENT) PHOTOGRAPHS

Pay-In Slip (available at all authorised bank branch) to transfer amount to your new opened PPF Account

Hello friend my account is in Punjab National Bank so tell me can I transfer my Public Provident fund online and how can I open PPF account?

[Raman Vij]

Yes, brother you can transfer funds online from your linked savings account. You can view your PPF account online.

Procedure to open PPF Account

Eligibility
HUF are not eligible
Non Resident Indians are not eligible to open the account
Only one account can be opened by an individual in one name
Individual or individual as guardian of a minor can open the account

Duration
The account is of 15 years duration and the account can be continued for one or more blocks of 5 years without loss of interest

Transfer of a/c
The account is transferable to and from permitted branches of Nationalized or Private sector Banks or Post Offices on the request of PPF A/c Holder.


Tax Benefits
The subscriptions to the account qualify for deduction under Section 80 C of IT Act.The amount standing to the credit of the account is fully exempted from Wealth Tax.

Nomination
Nomination facility is available.
Documents should be self-attested.

Financial Services
Insurance Business
Mutual Fund
Merchant banking Overview
ASBA
Wealth Management Services
NSE Market Tracker
DISCLOSURE FOR MARKETING / REFERRING MUTUAL FUND / INSURANCE PRODUCTS