A Public Provident Fund-PPF account is an option for investment. Investments up to Rs 1.5 lakh per annum in this PPF account are tax-exempt under Section 80C. There is no tax on interest income as well. The amount received on maturity is also not covered by the tax. In view of so many tax benefits, people open PPF accounts in their bank/post office. With this help, people make a lot of money. Public Provident Fund or PPF has been a preferred investment for many investors for many years. Because investing in PPF gives you many advantages. Such as: Investing in PPF provides tax benefits, attractive tax-free interest, no tax payable at the time of maturity, and also the guarantee of the Government of India.
PPF Account Opening Application Form PDF
| Article | PPF Account Opening Form |
| States | Applied in all states |
| Benefits | Tax benefit and tax-free interest |
| Beneficiary | Citizens of the country |
| Objective | To provide tax-free interest on the savings of the citizen |
| Official Website | Click Here |
| SBI Bank PPF Form PDF | Post Office PPF Form |
Public Provident Fund (PPF) Account Opening Form Download
- National Savings Scheme PPF account opening form
- Axis Bank
- State Bank of India
- Punjab National Bank (PNB)
- Bank of Baroda
- Indian Bank
- Union Bank of India
- Canara Bank
- HDFC Bank
- ICICI Bank
- Bank of India
- Bank of Maharashtra
- Dena Bank
- Indian Overseas Bank
PPF Account Opening Form A
- Minimum contribution in a financial year => 500 rupees.
- One financial year maximum contribution => 1.5 lakh rupees.
- You can submit PPF a maximum of 12 times in a year.
- You will have to deposit 500 rupees or more at a time.
- In PPF, you do not need to deposit the same amount every time. But you cannot deposit more than 1.5 lakh rupees in a year.
- If you want, you can also open a PPF account for your children as well. Keep in mind that it is important to have a Guardian in the account of minor children.
