Personal Finances In India 2011

Friday, January 28, 2011

How to save tax in half an hour

PPF account of the advantages we have discussed many times. Nonetheless, many people find open not PPF account. In fact, everything that people are accustomed to avoid. If they think about opening the account, but do not find. Most people want to open my account in SBI. He is confident the bank. Nonetheless, they have been seen on the left are just assuming. In reality open PPF account is not a difficult task. If you want to open this account, we recommend you are 4 simple step. You by following them barely 30 to 35 minutes can open your account in State Bank.
First step: select the branch to open PPF account, the government has authorized a few branches. You first need to know about that branch. Usually the major branches of SBI and where the number of customers is more remains, there is the account opening facilities. Remember one thing here and to open PPF account in the bank savings account need not be.

Second step: selection of the bank to process Might Karencka time, so then your job becomes much easier. Second step as you open bank account with the form to be filled. It takes barely 5 minutes. In the form of the name would give you a Neugminee. Be signed by a witness as well. With this form you have to find their identity and residence certificate. For this you Passport, PAN Card, Driving License, Voter ID or ration card, etc. could use. 2 passport size photos are also put in the form. Go Khulwane the account, then move along the certificate copy of the photo. If a verification will be needed, he will be on the spot. The entire process takes no time more than 20 minutes.
Third step: Get the book as the amount you open account, it will be the first to fill in a slip. After making it to the bank will give you a passbook. Passbook savings account is like. Your photos will be engaged in it. nominee be of the same name. The passbook is referring to the laws of the back of the PPF account. Through these three simple steps you can open your PPF account.
Fourth step: Provide at online if you already have an account with SBI, the PPF account be sure to make this link. It also provide you with the PPF will have to deposit money in the account, the branch will go. This you will save time. You will not feel in line at a branch.

Arakenkae some time and attention from people PPF account in a bank would like to transfer. Find it not make the shift. PPF passbook for your visit with the new Branch, and there give a written Application. Passbook with him submit. This process takes 15 to 20 minutes. Tax rebate on investment in PPF account if you want to get, make sure the pass book copy of the photo. Then get Atestad take it from the bank concerned.

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