Aadhaar Link To PPF Account:
Do this work quickly before the PPF account is locked
The central government is trying to protect the investors of all types of savings schemes from the dangers of online fraud.
And for financial monitoring of investors, it has been made mandatory to link the accounts of savings schemes with Aadhaar. This requirement is also for the investors of Public Provident Fund (PPF).
In such a situation, PPF investors must link their account with Aadhaar before June 30. Otherwise, their account may be locked and transactions with the account may be stopped.
The Finance Ministry has made it mandatory for all small savings schemes and post office scheme investors to link Aadhaar.
According to the ministry if the PPF investor has opened the account before March 31, 2023 and has not submitted his Aadhaar number to the Accounts Office
So he should submit Aadhaar within a period of six months with effect from 1 April 2023. The period of six months will end on 30 September 2023.
However, PPF investors should do this before June 30, as the government has set a deadline of June 30 to link all bank accounts and PAN with Aadhaar.
If the Aadhaar number is not submitted to the post office where the PPF account is opened and the PPF account is not linked, the account will be frozen.
In such a situation, the investor may have to face many problems.
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