Rules for Premature Closure After Extension in DOP 1. Five Years Lock-in Period Rule: Premature closure is allowed only after the PPF account has completed 5 years from the date of opening (or extension). 2. Extension Period Consideration: If you ha…
FS-10/17/2020-FS-Part(1) No. FS-10/17/2020-FS-Part-(1) Government of India Ministry of Communications Department of Posts (Financial Services Division) Dak Bhawan, New Delhi - 110001 Dated:12-11-2024 To All Head of Circles Subject: Clearing of Deb…
PPF New Rules from 1st October 2024 Public Provident Fund (PPF) New Rules from 1st October 2024 Please Note - The changes will affect only the Irregular Accounts What are Irregular Accounts 1️⃣ More than 1 account on Single PAN in your Name 2️⃣ More t…
Withdrawal Partial withdrawal is allowed from 7th financial year of opening the account Only one withdrawal is allowed per financial year You are eligible for withdrawal if your account is active. In-active accounts won't qualify for withdrawal…
PPF Bank Transfer and verification Should be Done in Supervisor Logins only Step By Step Procedure in Detail PPF – Transfer Out (Bank) Invoke HINTTM menu from Postmaster login for zeroing of interest for the current financial year. In HINTTM, PPF ac…
SB Order 29/2021 - Addendum : Adjustment of interest through HINTTM menu for premature closure of PPF account, deceased claim closure of SCSS/SSA account in CBS post offices and payment of excess deposit amount in MIS in case of death of joint accou…
Error: While Accepting Subscription/Deposit for Minor new SSA or PPF schemes in Post Office, Error showing as Could not get response from Server. What might be the reason? Only reason is common Guardian CIF used while opening of new SSA/PPF Account. …
PPF Bank Transfer and verification Should be Done in Supervisor Logins only Step By Step Procedure in Detail PPF – Transfer Out (Bank) Invoke HINTTM menu from Postmaster login for zeroing of interest for the current financial year. In HINTTM, PPF acco…
SSA(Sukanya Samriddhi Yojana) Scheme for girl child Generally this scheme introduced by NDA government for the welfare of Girl Child and also to save girl child. SSA account can be opened in any post offices and also in banks as per the orders is…
Non Resident Indians are continually looking for investment opportunities in India. A few weeks ago, we blogged about “NRIs for real estate investment in India – Know the simple Rules” The Government of Indian recently announced new rules under whic…
Implementation of 25,000 intersol limit Cheques accepted for subsequent deposits in Sub Office PPF / SSA accounts are lodged at HO in 0017 account of HO and posting is carried out at HOs after clearance, to facilitate posting, as per SB orde…
Sir/Madam, Kindly refer trail mail dated 03/02/2017 on handling of PPF/SSA Intersol deposits by HO Postmaster. SOLs may be advised to handle the PPF/SSA transfer transactions (in respect of clearing for amounts greater than Rs.25000) from PM r…
Invoke HINTTM menu from Postmaster login for zeroing of interest for the current financial year. In HINTTM, PPF account number to be entered; From date should be 01-04-YYYY; Interest table code should be ‘Zero’. Verification has to be done …
