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PPF, SSY, other post office savings account: New rules on cash deposit, withdrawal

PPF, SSY, other post office savings account: New rules on cash deposit, withdrawal
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Open Post Office digital savings account using IPPB mobile app Here s how

Updated Feb 10, 2021 | 06:44 IST Post Office account holders can easily carry out basic banking transactions using their IPPB mobile app. Earlier, the customer had to visit the nearest post office for depositing money, checking balance etc. Open Post Office digital savings account using IPPB mobile app. Here s how New Delhi: India Post Payments Bank (IPPB) offers customers a facility to open savings accounts digitally using their IPPB mobile app. IPPB Mobile App can be downloaded from the play store on Android phone or app store for iPhone. Anyone above the age of 18 years, having Aadhaar and PAN card, can open this account. The account can be opened instantly from the comfort of your home.

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Now you can open Post Office digital savings account using IPPB mobile app, know how

Now you can open Post Office digital savings account using IPPB mobile app, know how IPPB Mobile App can be downloaded from the play store on Android phone or app store for iPhone. Share Updated: Feb 10, 2021, 11:28 AM IST The India Post Payments Bank (IPPB) offers customers a facility to open savings accounts digitally using their IPPB mobile app. Post Office account holders can easily carry out basic banking transactions using their IPPB mobile app. IPPB Mobile App can be downloaded from the play store on Android phone or app store for iPhone. Earlier, the customer had to visit the nearest post office for depositing money, checking balance, transferring money and other financial transactions. You can also transfer money to your Post Office Recurring Deposit (RD), Public Provident Fund (PPF), Sukanya Samriddhi Account (SSA).

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PPF interest rates 2021 I Interest rates on PPF, other small savings scheme unlikely to be slashed this fiscal

Updated Feb 03, 2021 | 07:12 IST The government s increasing dependence on small savings schemes such as PPF and NSC to fund its annual fiscal deficit is likely to ensure that interest rates are kept intact so as not to hurt inflows Interest rates on PPF, other small savings scheme unlikely to be slashed this fiscal | Photo Credit: Thinkstock Union Finance Minister Nirmala Sitharaman may have dashed the hopes of small investors by not increasing the annual Public Provident Fund (PPF) contribution limit but economists anticipate that interest rates paid to investors on small savings schemes won’t be reduced this year. Over the past few years, the government has become increasingly dependent on small savings schemes such as PPF, NSC, and post office deposits etc to fund its annual fiscal deficit.

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Sukanya Samriddhi Account holder? Know how to deposit money online in post office account

Sukanya Samriddhi Yojana has a maturity period of 21 years and an investment period of 15 years Sukanya Samriddhi Account holder? Know how to deposit money online in post office account | Photo Credit: BCCL New Delhi: Sukanya Samriddhi Yojana (SSY) is a popular girl child savings scheme that allows parents to invest for their girl child s future. The government-backed scheme fetches an interest rate of 7.6% and has a maturity period of 21 years and an investment period of 15 years. The normal age-limit for the opening of the SSY account is up to 10 years from the date of birth of the child. Also, one must be a resident of India to open the account. Once she reaches 18 years of age, she will become the account holder.

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