Hi,  I want to open PPF account(due to tax savings). What are the options available to open it? I have heard through SBI account. But its really tough to open a new account in SBI in my place.  Is there any other option?  Any online procedures?

Please let me know the procedure to move PPF account from Post office to SBI? Thanks Sunil Kumar

  Hi, 1)Recently I changed my company, my PF balance is about 4 lacs in previous company. 2)I have a home loan, outstanding amount is 21 lacs. 3)I calculated that if I withdraw PF amount (4 lacs), and pre-pay home loan with the same, I will save about 15 lacs in home loan payments (assuming […]

I want to open a PPF account with ECS facility. So that some fix amount get transfered from my BOB account to PPF aacount at 5th of every month. Does any bank provide this facility?

Yes, finally the EPF folks have provided the facility to check you EPF balance online. Though it is available for only few cities now, they will add more in coming months.  I made a query for my EPF balance and i got an sms.  The only drawback is the data is old, the date is […]

Hi, Everyone If I have opened PPF a/c in FY 2011-2012 with certain amount.Then do I have to deposit further minimal amount (Rs 500) to keep my account active or initial acount opening amount will do the same? Neelesh Singh

Hi All, Request you to put your valuable comments about the best investment strategy for Debt as well as Equity products? For example: POMIS ( post office monthly scheme) + RD  ( recurring deposit )is a good strategy of investment for Debt prodcuts with no risk. Please comment your inputs! The idea is to explore […]

The employer makes its own contribution towards EPF. However 8.33% of employer’s contribution is deducted and moved to Pension-fund (also called Employee Pension Scheme – EPS).  In the yearly statement I receive from EPFO, nothing is mentioned about the 8.33% deduction.What does this 8.33% deduction do for me? Do I get any fixed pension per […]

Hi everyone, I’m a salaried employee and my employer deducts Rs. 780 every month towards EPF. I had a few queries regarding this: 1. Does my employer give an equal contribution of Rs. 780 each month into my EPF account, or is the 780 split in half, 360 as my contribution and 360 as my […]

Does DTC proposes EET regime for PPF?