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PNB PPF Latest interest Rate: Big news! PNB gives Bumper interest on Public Provident Fund, know interest and benefits here

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PPF Scheme Update: Now the country’s government bank PNB (PNB) has brought a special facility for the customers, in which you are going to get more benefits in the government scheme. Now those who invest money in Public Provident Fund (PPF Scheme) are getting a special gift.


Public Provident Fund Scheme: Many schemes are being run by the Central Government for the general public. Now the country’s government bank PNB (PNB) has brought a special facility for the customers, in which you are going to get more benefits in the government scheme. Now those who invest money in Public Provident Fund (PPF Scheme) are getting a special gift. Punjab National Bank has given information about this by tweeting.

PNB tweeted

Punjab National Bank has written in its official tweet that now you will have savings as well as tax savings. Apart from this, the bank has said that from now on you do not need to go to the branch to deposit money in PPF, you can transfer funds online from home.

Invest from Rs 500

You can start investing in the Public Provident Fund Scheme with a minimum of Rs 500. You can open it from your nearest post office or bank anywhere. From January 1, 2023 onwards, the government is giving the benefit of interest at the rate of 7.1 per cent in this scheme and the maturity of the PPF scheme is in 15 years.

Investment can be increased for 5-5 years

Account holders in this scheme near you can apply to increase it in a block of 5-5 years. In this, he also gets the option of continuing the contribution or not.

Get the benefit of tax exemption

You also get the benefit of tax exemption in PPF scheme. In this scheme, you can take advantage of tax exemption under section 80C. The amount earned through interest in this scheme is also tax free. After completion of 5 years in this scheme, you can also apply for a loan.

visit the official link
For more information about PPF scheme, you can visit the official link https://www.pnbindia.in/public-provident-fund.html. Here you will get all the information about PPF scheme.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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