| May 16th, 2017 09:32 AM | |
| Vishal Kotkar | Re: icici bank ppf rules The ICICI bank is offering Public Provident Fund scheme is a popular long term investment option backed by Government of India which offers safety with attractive interest rate and returns that are fully exempted from Tax. In this scheme Investors can invest minimum Rs. 500 to maximum Rs. 1,50,000 in one financial year and can get the facilities such as loan, withdrawal and extension of account. Eligibility: Public Provident Fund (PPF) account can be opened by resident Indian Individuals and individuals on behalf of minors If you are an existing customer, you will need to fill the form and submit it with the KYC documents to the nearest ICICI Bank branch. ICICI PPF account rules and guidelines Tenure of ICICI PPF scheme PPF schemes available across all post offices and all authorized banks, ICICI PPF scheme offers a standard scheme tenure of 15 years. After 15 years, PPF account at ICICI can be extended in blocks of 5 years upon request by customer. Investment limit on ICICI PPF account The investment limit on ICICI PPF account for any customer is Rs.1,50,000 per year. Any amount above this amount is not eligible to earn any interest. The minimum amount which can be deposited in the PPF account per annum is Rs.500. Apply for ICICI bank PPF: savingsaccount.icicibank.com/SBAOF/newcustomer.action Features Attractive interest rate of 7.9% that is fully exempted from Income Tax under section 80 C Good long term investments of 15 years Deposit Amount as low as Rs.500 and maximum Rs.1,50,000 in one financial year Deposits can be done maximum in 12 transactions Loan can be availed between 3rd to 6th financial year Partial withdrawal facility can be availed from 7th financial year onwards Account can be extended in a block period of 5 years after maturity |
| May 16th, 2017 09:31 AM | |
| Unregistered | Re: icici bank ppf rules Hello sir, is there any one can show me here rules for Public Provident Fund of ICICI bank? Which Public Provident Fund rules are provided in ICICI bank? |
| July 6th, 2016 12:36 PM | |
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