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Offer Zone Rates & Charges
Rates & Charges
 
FD, RD & iWish
General
(390 days - 2 yrs)
9.00% Apply Now
Senior Citizens
(390 days - 2 yrs)
9.50% Apply Now
 
Loans
Home Loan 
(Upto 75 lacs)
10.15*% Apply Now
Personal Loan
(Upto 15 lacs)
13.49*% Apply Now

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Public Provident Fund (PPF) Account

Public Provident Fund (PPF) scheme is a popular long term investment option backed by Government of India which offers safety with attractive interest rate and returns that are fully exempted from Tax .Investors can invest minimum Rs. 500 to maximum Rs. 1,50,000 in one financial year and can get the facilities such as loan, withdrawal and extension of account.

 

 

Eligibility for opening PPF account

 

Public Provident Fund (PPF) account can be opened by resident Indian Individuals and individuals on behalf of minors

 

ICICI Bank is the first private sector bank authorised by Ministry of Finance to open PPF accounts

 

With ICICI Bank, opening of PPF account is simple and hassle-free :

  1. Fill form online 
  2. Submit the form along with KYC documents at the nearest ICICI Bank branch

PPF Product Features

  1. Attractive interest rate of 8.7% that is fully exempted from Income Tax under section 80 C
  2. Good long term investments of 15 years
  3. Deposit Amount as low as Rs.500  and maximum Rs.1,50,000 in one financial year
  4. Deposits can be done maximum in 12 transactions
  5. Loan can be availed between 3rd to 6th financial year
  6. Partial withdrawal facility can be availed from 7th financial year onwards
  7. Account can be extended in a block period of 5 years after maturity

PPF account with ICICI Bank offers you benefits such as

  1. Transfer funds online option from linked Savings Bank Account
  2. Standing  Instruction facility to ensure regular investment
  3. Viewing your PPF Account statement online