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Home > Corporate > Govt Business > PPF

Public Provident Fund (PPF) - IDBI Bank Public Provident Fund (PPF)

IDBI Bank Ltd. has been authorised to subscribe PPF Accounts on behalf of Govt. of India over its selected 50 branches in India.

Key Benefits of PPF, subject to changes as per Government stipulations are as under:

       Tax Deductions can be claimed upto Rs. 1,00,000/- per year under 80C
       Interest credited in non-taxable.
       Safe Investment Proposition with 8.7% Rate of return
       Loan against deposit Balance with only 2% rate of interest
       Extendable maturity period
       Start with a minimum amount of Rs. 500/- only per year
       Investment plan for children by the parents
       Flexible deposits amounts
       No fees charged, etc.

List of Authorised branches for PPF
Frequently Asked Questions on PPF

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