PNB Bank PPF Update : To strengthen the general public financially, the central government runs several schemes. This time Public Sector Bank Punjab National Bank has brought a spec ial gift for its customers.
Under this, you will get more benefits than the schemes run by the government. This benefit is going to be available to the customers on Public Provident Fund (PPF Scheme). The bank has given information about this. Now the customers are also going to benefit from this. Through PPF, tax is also saved along with the savings of the customers.
PNB Bank started this
Any person can start investing in Public Provident Fund with just Rs 500. You can open this account through bank or post office. The government has increased the interest in this scheme this year. After January 1, 2023, 7.1 percent interest is being given by the Center. Its maturity will be 15 years. If you also have a PPF account, then customers of Punjab National Bank can manage their account sitting at home. Account holders can further extend this account in blocks of five years each.
By depositing a fixed amount every month, you can deposit a large amount through PPF account (PPF scheme). The special thing is that you can take advantage of this service online as well. You do not even need to go to the bank to deposit money in PPF account. You can open and operate an account sitting at home.
Rebate is available on PPF
Those who invest in Public Provident Fund also get tax exemption. Not only this, the interest received under the scheme is also tax free. When you complete five years of your investment, you can also apply for a loan based on that. PNB customers can get information about PPF by visiting the official website https://www.pnbindia.in/public-provident-fund.html.
