You can hold only one PPF account in your name, but you may open a separate account for a minor, with a combined annual deposit cap of ₹1.5 lakh.

In a PPF account, account holders have the option to designate one or more individuals as their nominee. The maximum number of nominees that can be declared is four. Business Today ...

Financial Literacy News: To maximize benefits from PPF investments, ensure deposits are made by April 5 each year, as interest calculation is based on the minimum balance betw ...

PPF Account Nominee Update/Addition Fee Recently, it was informed that a fee of Rs 50 will be levied by financial institutions for updating/modifying nominee details in PPF accounts.

The SBI statement notes that the transfer of the corporate rights of Ferrexpo Poltava Mining is in connection with on-going legal cases in Ukraine relating to the alleged embezzlement of funds ...

Bengaluru, January 03, 2025: State Bank of India (SBI), the country’s largest bank, has announced the launch of a TAB-based end-to-end digital on-boa Tuesday, 02 January 2024 12:17 GMT عربي ...

Delhi High Court orders SBI to compensate academician for cyberfraud, highlighting bank's failure to prevent unauthorized withdrawals. June 12, 2025 e-Paper LOGIN Account ...

Updating KYC details in PM Jan Dhan Yojana (PMJDY) accounts is essential to maintain account security and access benefits, and can be done online or offline at various banks like SBI, PNB, ICICI ...

MTNL shared the letter from SBI that stated the total outstanding in the account at over Rs 325.52 crore as on September 30, with an overdue amount of Rs 281.62 crore needed to regularize the account.

The PPF account is available only to Indian citizens. Earlier, the Form H did not explicitly ask for the residency status of investors. New rules apply to this category of account holders.

Extended PPF accounts of NRIs, where the residency status is an issue, will earn the post office savings account rate until September 30, 2024. After that, these accounts will earn zero interest.

Eligibility to open a PPF account. Check if you are eligible to open a PPF account: You must be an Indian citizen. You can open only one PPF account. HUFs cannot open PPFs after 13th May 2005.