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    Statement of Public Provident Fund Account: Ms - Neha Raghubar Yadav

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    Neha
    This document is a statement of transactions in Neha Raghubar Yadav's Public Provident Fund (PPF) account from April 1, 2020 to February 20, 2021. The statement shows that the account was opened on January 12, 2016, the current balance is Rs. 1,77,160, and a deposit of Rs. 95,000 was made on October 21, 2020. It also provides 11 guidelines for the Public Provident Fund Scheme, including details on subscriptions, interest rates, withdrawals and loans, nomination, tax benefits, and default fees.

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    Statement of Public Provident Fund Account: Ms - Neha Raghubar Yadav

    Uploaded by

    Neha
    298 views2 pages
    This document is a statement of transactions in Neha Raghubar Yadav's Public Provident Fund (PPF) account from April 1, 2020 to February 20, 2021. The statement shows that the account was opened on January 12, 2016, the current balance is Rs. 1,77,160, and a deposit of Rs. 95,000 was made on October 21, 2020. It also provides 11 guidelines for the Public Provident Fund Scheme, including details on subscriptions, interest rates, withdrawals and loans, nomination, tax benefits, and default fees.

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    PPF 2020

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    This document is a statement of transactions in Neha Raghubar Yadav's Public Provident Fund (PPF) account from April 1, 2020 to February 20, 2021. The statement shows that the account was opened on January 12, 2016, the current balance is Rs. 1,77,160, and a deposit of Rs. 95,000 was made on October 21, 2020. It also provides 11 guidelines for the Public Provident Fund Scheme, including details on subscriptions, interest rates, withdrawals and loans, nomination, tax benefits, and default fees.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    298 views2 pages

    Statement of Public Provident Fund Account: Ms - Neha Raghubar Yadav

    Uploaded by

    Neha
    This document is a statement of transactions in Neha Raghubar Yadav's Public Provident Fund (PPF) account from April 1, 2020 to February 20, 2021. The statement shows that the account was opened on January 12, 2016, the current balance is Rs. 1,77,160, and a deposit of Rs. 95,000 was made on October 21, 2020. It also provides 11 guidelines for the Public Provident Fund Scheme, including details on subscriptions, interest rates, withdrawals and loans, nomination, tax benefits, and default fees.

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    of 2

    Page 1 of 1 M - 263809

    0007/PPFPB/0/1-1/2020/263809

    MS.NEHA RAGHUBAR YADAV


    301, AMBIENCE CHS 1860 120 7777
    GOLF COURSE ROAD ,SECTOR 56, Your Base Branch :9A, PHELPS BUILDING,INNER
    GURGAON CIRCLE,CONNAUGHT PLACE,
    HARYANA-INDIA-122011 NEWDELHI ,DELHI 110001

    Statement of Public Provident Fund Account

    Statement for Customer ID: 526032819 as on Feb 20,2021 PAN : ACNPY7073L

    ACCOUNT TYPE ACCOUNT NUMBER DATE OF A/C OPENING TRANSFER IN DATE BALANCE ` NOMINATION

    Public Provident Fund (PPF)Scheme,1968 000718036634 12-01-2016 NA 1,77,160.00 Registered


    TOTAL 1,77,160.00

    Statement of transactions in Public Provident Fund Account 000718036634 for the period Apr 01,2020 to Feb 20,2021

    DATE PARTICULARS DEPOSITS ` WITHDRAWALS ` BALANCE `


    01-04-2018 Balance Brought Forward 0.00 0.00 Dr 82,160.00 Cr
    21-10-2020 INF/000041096259/ 95,000.00 0.00 Dr 1,77,160.00
    041901525105/NEHA RAGHUBAR YADAV Cr
    Total: 95,000.00 Cr 0.00 Dr 1,77,160.00 Cr

    For ICICI Bank Limited

    Authorised Signatory

    Public Provident Fund Scheme Guidelines :

    1. The Public Provident Fund Scheme is a statutory scheme of the Central Government framed under the provisions of Public Provident Fund Act, 1968
    2. An individual can open a Public Provident Fund account in his/her own name. Individual can also open an additional account on behalf of each minor of whom he/she is the guardian. He/She can subscribe any amount
    in multiples of Rs. 5 not less than Rs. 500 and not more than Rs.1,50,000 in a year in all accounts put together. A year for the purpose of the scheme is financial year.
    3. Only one PPF account can be opened by an individual in one name. If two accounts are opened by the subscriber in his name by mistake, the second account will be treated as irregular account and will not carry any
    interest.
    4. The subscriptions can be deposited in lump sum or in convenient instalments. Not more than 12 instalments can be deposited in a year.
    5. The balance in the fund earns interest as per the rate fixed by the Central Government from time to time. The interest will be allowed for a calender month on the lowest balance at the credit of an account between the
    close of the 5th day and the end of the month.
    6. The account can be closed on maturity i.e. after expiry of 15 years from the closure of the financial year in which initial subscription was made.
    7. PPF account can be continued after maturity for a block period of 5 years.
    8. A subscriber can take loan from the fund and can make a withdrawal as per the rule prescribed by Central Government under the provisions of Public Provident Fund Act, 1968.
    9. A subscriber may nominate one or more person. No nomination can, however, be made in respect of an account opened on behalf of a minor.
    10. The interest credited to the customer is totally exempt from income tax and the amount standing to the credit of the subscriber is totally exempt from wealth tax.
    11. The account office can condone default in payment of subscriptions in the PPF account by charging a fee of Rs.50/- for each year of default, along with arrears of subscriptions at the rate of Rs.500/- per year.
    This is an authorised statement and can be submitted as proof for tax benefit
    Subscription to Public Provident Fund qualify for deduction under section 80C of Income Tax Act

    Corporate Office: ICICI Bank Ltd., ICICI Bank Towers, Bandra-Kurla complex, Mumbai - 400051, India. www.icicibank.com
    Registered Office: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, Gujarat. Pin – 390 007.
    Category of service: Banking and Financial Services.
    Registration No. MIV/ST/Bank & Finc/4.
    This is an authenticated intimation/statement.
    CIN : L65190GJ1994PLC021012
    Customers are requested to immediately notify the Bank of any discrepancy in the statement

    ROG_SR163105461_GR_DB_Ssen_1612020

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