he he he he,can all of you in this forum contribute to PPF in my name? You can claim tax benefit. In other words, you are making a donation to me and also making a offsetting gain,he he he he.
I need to close my account of PPF, I hv completed 4 years, I need money for some personal and very imp work. How can I close my account and get the money back. please help.
Re: withdrawal of PPF or account close of PPF.
by KARTHIKEYAN PS on Jan 19, 2015 09:31 AM
Sorry, after 6 yrs only you can withdraws 50% of saving. U can not close till 15 years. Ur money is safe till time with interest, keep alive deposting Rs.500 each year
Can anyone write something like this for a PF account. Came to know something about 10 year period after which it gets converted to pension. Have no idea as to what it is. If an article on 10 things to know abt PF can be put up, it would be very helpful.
Yes, till rally are violent. Good time pass for 99% people who have sufficient time but no money. Cheapest recreation method too... Level of most is negligible and do not mind in just joining the rally for fun.. ultimately it is the top level who have to take decisions but require supporters on daily wages/small refreshment...
wanted to know if somehow the ICICI is private bank and gets closed kind of bankruptcy just like other organisation such as Kingfisher or Satyam. what will happen to those users who is having the PPF account. is govt responsible for that to repay back.
Re: PPf in ICICI Bank
by BALACHANDRAN MOSURSUBRAMANIAN on Apr 10, 2013 09:59 PM
Dont worry, no bank has so far folded operations in India. Even the weakest of the banks were merged with one or the other PSU banks. Anyways, I believe, Public Provident Fund is CGovt fund and banks only routes the money and earns commission on them. So there should not be any worry about your accumulated PPF, even in the very unlikely event of a bank folding up.
Re: PPf in ICICI Bank
by Shankarnag Basavaraju on Apr 13, 2013 12:09 PM
Banks acts only as an collection agent on behalf of GOI and credit the entire collected amount to Govt. A/c at the close of the day
