5 Replies to “PPF Account question?”

  1. ppf account open in post office and state bank of india for a 15 years ,locking period is 7yrs. service for ppf better in sbi than post office. open as per your convineancy.


  2. PPF account don’t have loss , they are operated by Gov. and you will never loose money and will get the guranteed return.

    MF are not so secure as compared to PPF , but you can earn better profits then PPF , you can go for ELSS if you want to save tax , as only ELSS will allow tax exemption.

    You can open a PPF account by visiting SBI and deposit one time money or monthly.

    Your company also would have opend a PF account for you, that is similar to PPF , only thing it is called EPF.


  3. you can open it SBI it will take hardly 2hours. this is better than mutual fund because here no risk you will get 9% interest annually.
    so play safe


  4. In PPF account Returns are less but gaurentees currently 8 or 9%, they are operated by Govt. while MF are not so secure as they depends on Market trends , but you can earn better profits then PPF .

    You can go for ELSS if you want to save tax , as only ELSS will allow tax exemption.

    You can open a PPF account either in Post Office or in any branch of SBI and deposit one time money or monthly.

    Your company also would have opend a PF account for you, that is similar to PPF , only thing it is called EPF.


  5. i have open ppf a/c in post office on 30th march 1993 and extended for five year once now when can i close my above a/c





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