POSTED BY June 26, 2012 5:10 pm COMMENTS (2)
ONI have got a communication from ICICI people that PPF can now be opened through ICICI…
I couldn’t understand if this is safe as opening with PSU banks (as they are under complete control of Govt)….
How safe is it to open a PPF account with ICICI.
Or is it like where ever you open it it is directly controlled by Govt?
Thanks in advance for your answers..
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Dear Sunil, no matter from where you are operating your PPF account – Post Office, PSU banks, Pvt. Banks, at the end, the money is going to PPF kitty & as per your own understanding directly controlled by Govt. Be it ICICI or SBI, are merely service provider.
Thanks
Ashal
http://localhost/jagoforum2/is-ppf-in-icici-safe/3423/