Re: ppf account
by Vinod Bharati on Sep 18, 2010 03:28 PM Permalink
Submit the request to the account office where you are having the PPF account. They will issue a duplicate passbook.
Re: ppf account
by parag shah on Dec 29, 2009 05:06 PM Permalink
You can go to your native branch and given an application for a new passbook. The bank will charge Rs 50 or Rs 100/- for the same.
how to deposit money on line. Type of PPF account is called what eg: Saving/current/cash credit....? I have to fill up in third party transfer and there is no PPF acount under type of account. I have IFSC code.
I have just opened a new minor PPF account using FORM A for my son in SBI. Point 4 of the FORM A is is quite different from your view of point 5. The declaration is as below “ (iv) I also declare that I shall adhere to the ceiling on deposits as provided for by central government from time to time, which is Rs.70,000/- in a financial year at present together in an individual self account and account(s) on behalf of minor(s) of whom I am the guardian/a Hindu undivided family account/an association account. In case, at any time the said declaration is found untrue/false, no interest shall be payable to me/the subscribers on amount of deposits found in excess of the prescribed limit.”
This means that even if we deposite more than 70000(including minor), I will not get any interest(leave tax benifit- which we are aware). In my opinion, I don't see any benifit of opening a new PPF minor account. Please share any authentic link or proof or clarification from government which substantiate your point 5.
My brother is 19 years old.My brother is studying at Engineering college. I have deposited his fee of education. Can i get the income tax rebate from his education fee. S.K.Sharma