Submit Workplace gives 9 sorts of saving schemes. Public Provident Fund (PPF), Sukanya Samriddhi Account (SSA) are among the put up workplace saving deposit schemes. Most of those schemes give a tax rebate underneath Part 80C of the Revenue Tax Act. For opening all these accounts, you must go to the put up workplace simply as soon as, after which you’ll be able to handle every thing on-line.
Here’s a step-by-step information for transferring cash in your put up workplace PPF and Sukanya Samriddhi accounts by means of IPPB:
1) Add cash out of your checking account to IPPB account.
2) Go to DOP Merchandise. Select PPF, Sukankya Samridhi or RD account quantity.
3) Write your PPF, Sukankya Samridhi or RD account quantity after which DOP buyer ID.
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4) Select the instalment length and quantity.
5) IPPB will then notify you for profitable fee switch made by means of IPPB cellular software.
6) You’ll be able to go for numerous put up workplace funding choices offered by India Submit and make common funds by means of IPPB primary financial savings account.
Even funds will be transferred from different financial institution accounts to IPPB utilizing the app. Earlier than sending the cash, it’s a must to add the account quantity and IFSC code of the individual’s account.
Rate of interest of Sukanya Samridhi, PPF
The federal government has stored the rates of interest on small financial savings schemes, together with PPF and Sukanya Samridhi, unchanged for the January-March quarter.
Public Provident Fund (PPF) will proceed to hold an annual rate of interest of seven.1 per cent.
The lady baby financial savings scheme Sukanya Samriddhi Yojana will provide 7.6 per cent fee in the course of the fourth quarter of the present fiscal.
The rate of interest on five-year recurring deposit is pegged at 5.8 per cent.
Final month, the federal government launched DakPay digital funds app. This can be utilized by the put up workplace and IPPB clients. DakPay gives digital monetary and assisted banking providers offered by India Submit and IPPB.