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IT exemption is the only offering with PPF.Is there any offer for opening ppf account?
Also Does all bank provide same feature?
mostly no, but will enquire and provide here if any possibilityCan we shift PPF from one bank to another ?
Yes, I transferred from one branch of SBI to other SBI... In reality, it's online crediting..Can we shift PPF from one bank to another ?
so within branch ok, from bank to bank possible?Yes, I transferred from one branch of SBI to other SBI... In reality, it's online crediting..
Yes, it is possible as per PPF Guidelines. I transferred my PPF from post office in one state to SBI in another state, few years agoso within branch ok, from bank to bank possible?
Better go with Tax Saving Mutual Funds. Since PPF is long term commitment, you'll get better returns in tax saving mutual funds in long run.Is there any offer for opening ppf account?
Also Does all bank provide same feature?
PPF shouldn't be compared with mutual finds. PPF isn't meant to provide returns on par with equity mutual funds either. A portfolio should always have space for a debt instrument such as PPF. PPF makes sense because of its EEE status too.Better go with Tax Saving Mutual Funds. Since PPF is long term commitment, you'll get better returns in tax saving mutual funds in long run.
ICICI iMobile to manage everything including PPF best option. I have opened via iMobile only and using it.Ok will open with icici
There was an option earlier. As mandated by Govt customer should've liberty to choose bank. It should still be available. There's a specific form for this transfer facility.Can we shift PPF from one bank to another ?
Thankyou so much 🙂Yes, there should be an option but you might hv to visit branch. (Never heard of this is possible online.) I just looked it up. ICICI has a page describing this. You can access the same using this link
if you could manage to transfer credit card to bank, which is not recommended. There is no direct way like NPS.any way to use credit card for ppf funding like nps