Name of the Organisation : ICICI Bank Ltd (icicibank.com)
Type of Facility : Open PPF Account Online
Location : Mumbai
Website : http://www.icicibank.com/index.html
Facilities Related To ICICI Bank :
Loan Outstanding Payments : https://www.indianjobtalks.in/18567.html
DTH Connection Recharge : https://www.indianjobtalks.in/18571.html
Prepaid Mobile Recharge : https://www.indianjobtalks.in/4098.html
Credit Card Bill Payment : https://www.indianjobtalks.in/18560.html
Block Stolen Credit Card : https://www.indianjobtalks.in/13548.html
Loan Statement Online : https://www.indianjobtalks.in/18533.html
Credit Card Statement : https://www.indianjobtalks.in/13480.html
Online Tax Payment : https://www.indianjobtalks.in/18548.html
Credit Card Status : https://www.indianjobtalks.in/13360.html
Mobile Banking : https://www.indianjobtalks.in/6579.html
Public Provident Fund (PPF) Account :
Looking for safe investment option with attractive returns that are fully exempted from Income Tax, then a Public Provident Fund 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.Click here to apply now.
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
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
Apply Now : http://www.icicibank.com/safe-online…e-banking.html
Public Provident Fund Scheme – Small savings with big wonders :
Public Provident Fund scheme has been introduced for salaried as well as for self employed people to encourage savings habit and provide tax benefits. As compared to other small savings schemes introduced by government and by non- government institutions, Public Provident Fund scheme stands out in terms of benefits offered. This is because investment in PPF scheme falls under triple E regimen i.e. Principal, Interest and outflow all are tax exempted. The balance in the PPF account cannot be attached by any order or decree of court in respect of any debt or liability incurred by the subscriber.
Investor can invest as minimum as Rs. 500 to maximum Rs. 1,00,000 in the PPF account in one complete financial year in one lump sum subscription or in maximum 12 transactions. Tenure of PPF scheme is 15 years and premature closure of account is not allowed. After 15 years investor can completely withdraw the accumulated balance (Principal + Interest) and close the account or if investor desires to extend his PPF account, extension can be taken in a block period of 5 years for any number of times. As per PPF scheme terms and conditions prescribed by Government, an investor can avail of loan and withdrawal facility.
PPF account opening process is very simple and hassle-free. Investor can subscribe to scheme through Post Office or through banks appointed by Government (such as ICICI Bank). To open a PPF account, investor has to visit any of the banks/Post Office and submit account opening form and other documents. ICICI Bank offers an online account opening facility also.
Terms and Conditions governing applying for PPF accounts online:
ICICI Bank Limited (“ICICI Bank”), has been authorized/permitted by Ministry of Finance to provide/offer certain services with respect to public provident fund account/s (“PPF Account/s”) through usage of ICICI Bank internet banking services These Terms and Conditions (the “Terms”) apply to and regulate provision of services pertaining to PPF Account/s through ICICI Bank’s internet banking services. These Terms are in addition to and not in derogation with terms and conditions /rules/regulations/notifications/directives etc governing PPF Account/s and issued by appropriate / competent authorities under The Public Provident Fund Act, 1968 (“the Act”)/ other applicable laws as available on http://www.rbi.org.in and terms and conditions applicable to ICICI Bank’s internet banking services (collectively referred to as “Primary Terms”) .
All capitalized terms used herein but not defined shall have the same meaning as specified under the Primary Terms.
1. Definitions :
1.1. “Customer/s” shall mean an existing customer of ICICI Bank holding savings bank account in single capacity and having valid access to ICICI Bank’s internet banking services.
1.2. “Internet Banking Services of ICICI Bank” shall refer to the services offered by ICICI Bank to the Customer including services such as enquiry about balance in the account (s), details about transaction in the account(s), statement of account, transfer of funds, bill payment and any other service as ICICI Bank may decide to provide from time to time through internet. The availability/non-availability of a particular service shall be communicated to the Customer through email, web page of ICICI Bank or in writing as may be deemed fit by ICICI Bank. Such Internet Banking may be provided by ICICI Bank directly or through its associates or contracted service providers.
1.3. “Services” shall mean services provided by ICICI Bank in relation to PPF Account/s through Website and as more specifically detailed herein under.
1.4. “Website” refers to the website owned, established and maintained by ICICI Bank at the URL http://www.icicibank.com and used for providing various products and services including Internet Banking Services.
2. Applying for PPF Account/s through Website :
2.1. PPF account opening and the operations thereof shall be strictly governed by Primary Terms, these Terms, applicable laws and internal policies of ICICI Bank and may be revised from time to time.
2.2. In order to apply for PPF Account through Website, the Customer shall be required fill in the specified form as made available to the Customer through the logged in section of the Website.
2.3. Post filling in the form and providing all the requisite details/ data as may be specified therein, the Customer shall be required to take a print of the filled in form, put his/her signatures and affix a recent photograph on it and thereafter submit the complete form at any ICICI Bank branch along with the copy of the Permanent Account No. (PAN) or Form 60/61 in addition to any other details/document etc which may be required under Primary Terms. The PPF Account shall be activated only post the above referred duly signed in form, accompanied with all documents under Terms & Primary Terms, is submitted by the Customer and is duly verified by ICICI Bank to be in the form and manner specified under Primary Terms.
2.4. The Customer is permitted, under these Terms, to apply for PPF Account and avail further related services provided the Customer applies in his/her individual name only and operates singly. The Customer shall be required to be an Indian resident and should have attained the age of majority. In the event that the Customer wishes to open a PPF account for a minor, he/she shall be required to visit a designated branch of ICICI Bank and request for the desired services.
3. Other Terms and Services provided through Website in relation to PPF Account/s :
3.1. The Customer shall be able to transfer funds from his/her ICICI Bank savings bank account to PPF Account through usage of Internet Banking Services of ICICI Bank. However, the Customer/s shall not be provided with FORM B/challan for funds transferred online into his/her PPF Account in the above referred manner or PPF Account opened by him/her on behalf of a minor. Form B/ challan shall be provided to a depositor only when funds are deposited in the PPF Account through a DD / PO / cheque by visiting any ICICI Bank branch or when funds are deposited in the PPF Account by cash by visiting the concerned designated ICICI Bank base branch. Such above referred transfer / deposit, whether through Website or through designated ICICI Bank’s branch, shall at all times be subject to the conditions as laid down under Primary Terms.
3.2. The Customer hereby undertakes to comply with all the specified conditions under the Primary Terms and these Terms which govern applying and operation of PPF Account/s.
3.3. Passbook shall not be made available to the Customer/s for PPF Account/s which are applied for and operated through ICICI Bank Internet Banking Services. However, the Customer shall be able to view his/her transactions through his/her statement of accounts available online on the Website.
3.4. All other terms not specifically mentioned herein shall be governed solely by the Primary Terms. By applying for PPF Account through Website and availing Services thereof, the Customer hereby acknowledges that he / she has read, understood and accepted these Terms, Primary Terms and undertake to continue to govern and abide by such Terms/ Primary Terms.
For More Details, Click Here : http://www.icicibank.com/Personal-Ba…s/ppf/ppf.html