How to deposit cash on-line in publish workplace PPF, Sukanya Samridhi Yojana accounts

In order to make digital funds, you should have an India Post Payments Bank (IPPB) Savings account. IPPB gives a digital financial savings account that may be accessed from the comforts of your house. You can switch cash to your Recurring deposit (RD), Public Provident Fund (PPF), Sukanya Samriddhi Account (SSA) via IPPB cell app.

Post Office gives 9 kinds of saving schemes. Recurring deposit (RD), Public Provident Fund (PPF), Sukanya Samriddhi Account (SSA) are a few of the publish workplace saving deposit schemes. Most of those schemes give a tax rebate below Section 80C of the Income Tax Act. 

The authorities has made these small financial savings schemes accessible by way of publish places of work to offer a protected funding avenue for the general public. For opening all these accounts, you could go to the publish workplace simply as soon as, after which you’ll be able to handle the whole lot on-line.

The authorities has determined to maintain the rates of interest unchanged on publish workplace schemes for the January-March quarter of FY 2021-22. The Ministry of Finance made this announcement by way of a round dated December 31, 2021.

Here is a step-by-step information for transferring cash in your publish workplace RD, PPF and Sukanya Samriddhi accounts via IPPB

Add cash out of your checking account to IPPB account.Go to DOP Products. Choose PPF or Sukankya Samridhi.If you wish to switch cash to your PPF account, select PPF.Write your PPF Account Number after which DOP buyer ID.Even contributions to Sukanya Samriddhi Account might be carried out via this app. Write your SSA Account Number after which DOP Customer ID. Choose the installment quantity.IPPB will then notify you of a profitable cost switch made via IPPB cell utility.PPF, SSY rates of interest

Public Provident Fund (PPF) will proceed to hold an annual rate of interest of seven.1% within the fourth quarter as nicely, whereas the woman little one financial savings scheme Sukanya Samriddhi Yojana account will earn 7.6%.

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