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Public Provident Fund Account
Looking for safe investment option with attractive returns that are fully exempted from Income Tax, then a Public Provident Fund (PPF) Account is the best for you. ICICI Bank Limited has been authorised by the Ministry of Finance to open PPF Account, as well as provide related services like collecting subscription amounts etc. through its designated branches.
Public Provident Fund Account Benefits
- Attractive interest rates that are fully exempted from Income Tax under section 80 C
- Good long term investments of 15 years
- Deposit Amount as low as Rs.500 per annum
On opening a PPF account with ICICI Bank, apart from the regular benefits of a PPF Account , you also have the benefit of accessing your PPF account online. Through ICICI Bank Internet banking, you can:
- Fill form online for PPF account
- View your PPF account under your 'My Accounts' section in the logged in section
- Transfer funds from linked Savings Bank Account online
- View and print mini and detailed statement online