Dear All, could you pls let me know what is PPF, what are the benefits we have in that? what would be the process to invest in PPF? Thanks & Regards, Srihari
From India, Hyderabad
From India, Hyderabad
This is called Public Provident Fund. This scheme offers Income Tax exemption. This scheme is either run by the Post Office or a Bank; you have to enquire with them. You don't need to be a member of the Provident Fund or to become employed. Even if you are unemployed, you can participate in this scheme.
Partho Ghosh
From Saudi Arabia
Partho Ghosh
From Saudi Arabia
Hi,
PPF stands for Public Provident Fund. This is a long-term investment for a period of 15 years. The amount of investment could range from Rs. 500 to Rs. 70,000.
Please refer to the link below for more information: [Public Provident Fund - PPF](http://www.traderji.com/mutual-funds-discussion-forum/1622-public-provident-fund-ppf.html)
Regards,
Sandhya
From India, Bangalore
PPF stands for Public Provident Fund. This is a long-term investment for a period of 15 years. The amount of investment could range from Rs. 500 to Rs. 70,000.
Please refer to the link below for more information: [Public Provident Fund - PPF](http://www.traderji.com/mutual-funds-discussion-forum/1622-public-provident-fund-ppf.html)
Regards,
Sandhya
From India, Bangalore
I am doing my MBA (Flexible study from ICFAI University) and have decided to specialize in HR. I have a job offer, but the issue is that they are asking for detailed knowledge about the following topics: 1) Compliance, statutory, PF 2) Payroll, attendance calculation, leave. Please send me some useful links regarding this. I really need this job and require your help. Kindly send this information to my email id
. I would be highly obliged.
From India, Calcutta
From India, Calcutta
Dear Mr. Shri Hari,
PPF stands for Public Provident Fund Scheme. The PF scheme was initiated for employees. PPF is designed for the public, not limited to those employed anywhere; employees covered by PF can also participate. This scheme is available at Post Offices as well as SBI branches, offering a high level of security. You may contact the in-charge of the Post Office or SBI branch for further information.
By G. Ramanadhan
From India, Madras
PPF stands for Public Provident Fund Scheme. The PF scheme was initiated for employees. PPF is designed for the public, not limited to those employed anywhere; employees covered by PF can also participate. This scheme is available at Post Offices as well as SBI branches, offering a high level of security. You may contact the in-charge of the Post Office or SBI branch for further information.
By G. Ramanadhan
From India, Madras
Please let me know one thing. I opened a PPF account in Kashipur (Allahabad Bank). Now, I transferred to Kanpur, and I want to transfer my account to Kanpur. However, in Kanpur, no branch of Allahabad Bank has a facility for PPF accounts. Now, what should I do.
Regards,
Anil Mishra
From India, Pune
Regards,
Anil Mishra
From India, Pune
Hello, learned HRians,
Could anyone provide a brief note about CPF (Contributory PF) in this forum? Earlier, there were many valuable discussions about EPF and PPF in this HR forum. However, most individuals are not aware of CPF and its applicability with rules.
Thank you,
Biswajit Pani
From India, Bhubaneswar
Could anyone provide a brief note about CPF (Contributory PF) in this forum? Earlier, there were many valuable discussions about EPF and PPF in this HR forum. However, most individuals are not aware of CPF and its applicability with rules.
Thank you,
Biswajit Pani
From India, Bhubaneswar
just let me knw about management development programm in private as well as in public sector
From India, Calcutta
From India, Calcutta
There is a scheme which runs similar to PPF but gives life insurance 250 times of your fixed monthly contribution. The returns are likely to be equal to if not better than PPF. The scheme offers ECS facility too. It is called Jeevan Saral by LIC.
Those interested can contact me at abhay.gadiyar@gmail.com or call 9322250852. Mumbai only.
From India, Mumbai
Those interested can contact me at abhay.gadiyar@gmail.com or call 9322250852. Mumbai only.
From India, Mumbai
Hi Anil,
Regarding the transfer of PPF, as you are residing in Kanpur, PPF is treated as a Government Account instead of a Bank or Branch Account. Therefore, the PPF account in Allahabad Bank can be transferred to any Bank Account that offers PPF Accounts. You should inquire with the banks in your area to confirm if they provide PPF Accounts. Almost all SBIs and their subsidiaries offer these accounts.
To initiate the transfer, you will need to submit a request letter to the nearest Bank requesting the transfer of the PPF account to their branch. The receiving Bank will then forward the letter to Allahabad Bank for processing. The account will be closed at Allahabad Bank, and the funds will be transferred to the specified bank. The new bank will open a PPF account with a new account number, carrying forward the old balance and interest. You can then continue to invest in the PPF account.
Regards,
Sandhya
From India, Bangalore
Regarding the transfer of PPF, as you are residing in Kanpur, PPF is treated as a Government Account instead of a Bank or Branch Account. Therefore, the PPF account in Allahabad Bank can be transferred to any Bank Account that offers PPF Accounts. You should inquire with the banks in your area to confirm if they provide PPF Accounts. Almost all SBIs and their subsidiaries offer these accounts.
To initiate the transfer, you will need to submit a request letter to the nearest Bank requesting the transfer of the PPF account to their branch. The receiving Bank will then forward the letter to Allahabad Bank for processing. The account will be closed at Allahabad Bank, and the funds will be transferred to the specified bank. The new bank will open a PPF account with a new account number, carrying forward the old balance and interest. You can then continue to invest in the PPF account.
Regards,
Sandhya
From India, Bangalore
Gathering data for an AI comment.... Sending emails to relevant members...
Looking for something specific? - Join & Be Part Of Our Community and get connected with the right people who can help. Our AI-powered platform provides real-time fact-checking, peer-reviewed insights, and a vast historical knowledge base to support your search.