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PPF NOMINATION CHANGE
₹50L, ₹75L or ₹1Cr: What is the maximum corpus you can build through the Sukanya Samriddhi Scheme? The answer might surprise youSukanya Samriddhi Yojana provides a powerful way to save for a girl child's education. This government-backed scheme offers high interest r...
Can NRIs open a PPF Account? Know the rules, restrictions and closure optionsPremature withdrawals are permitted after five years of account opening, subject to specific conditions. Upon maturity, the funds are credi...
Now open, manage RD, PPF accounts using Aadhaar biometric at Post OfficesThe Department of Posts has expanded Aadhaar-based e-KYC to include Recurring Deposit (RD) and Public Provident Fund (PPF) schemes, effecti...
New rule for nomination change in PPF, NSC, SCSS, all other post office account for freeThe government has eliminated the fee for updating nominee details in PPF , along with other small savings schemes. This amendment allows a...
No fee to be charged for updation of nominees for PPF accounts: FMFinance Minister Nirmala Sitharaman announced that there will be no charges for updating or adding nominees for PPF accounts following chan...
Investment and nominations: Why you must nominate in your bank FDs, PPF, mutual funds, LICThe first step is to identify all the investments that require nomination. This includes bank accounts, fixed deposits, mutual funds, insur...
Latest PPF interest rate: Was Public Provident Fund rate hiked for April-June 2024 quarter?Latest PPF interest rate: The Public Provident Fund (PPF) is one of the most popular savings instruments. Note that only one PPF account ca...
How to open ICICI Bank PPF account online? Get Step by Step processThe PPF due to the benefits of tax savings, returns, and safety, the program has now become one of the most popular long-term savings schem...
PPF account: Nine important Public Provident Fund account rules and benefitsPPF: Here is a look at important rules you should know about the Public Provident Fund.
MF nomination, small savings schemes, investing in higher interest rate FD: 5 important financial deadlines that end on September 30There are only two weeks left in September. In September, there are various financial deadlines. Here are 5 changes and deadlines to be awa...
How to add, change nominee in PPF accountIncase you want to add your wife's name or update it with another name, you can do so by filling out the required form, signing it, and sub...
Was PPF interest rate hiked for the January-March 2023 quarter?For the January-March 2023 quarter, the government increased the interest rates on a few small savings schemes by 20 bps to 110 bps.
How nominations work in insurance policies, bank accounts, shares, mutual funds, PPFA nomination is a very effective tool to access assets such as PPF, mutual fund etc. in case of death. If there is no nomination, the legal...
PPF scheme 2019: Loan against PPF account at 1% and other changes you need to knowThe government via a notification dated December 12, 2019, has replaced the PPF scheme 1968 with the PPF scheme 2019. Though major features...
How to open an online PPF account with SBIThe tax benefit on amount invested, a tax-free return on maturity and the backing of the government on the account balance, makes PPF a roc...
How to transfer your PPF accountBoth bank and post office PPF account holders can transfer can transfer their account from one account office to another accounts office, a...
PPF, NSC Act changes not to affect tax status; aimed at allowing early closure: GovtAll existing protections have been retained while consolidating PPF Act under the proposed Government Savings Promotion Act.
Easy closure for small savings schemes likelyThe government can use the enabling provision to provide this facility to investors in the event of medical or financial emergencies.
All you need to know about bank nominationsNominations by single or joint holders of a bank or investment account indicate the person who can access the accounts or investments in th...
How to transfer PPF account to another post office or bankAn investor can choose to transfer his account if a change in his location makes it difficult to manage it at the existing location.