Can i transfer money to ppf account through google pay

New Delhi: Public provident fund (PPF) is one of the most popular long-term investment instruments among Indians.

Can i transfer money to ppf account through upi

Since it is a government-backed scheme, it earns fixed interest and offers guaranteed return. The interest is compounded annually. PPF investment also offers exempt-exempt-exempt (EEE) tax benefits which means that the contribution, interest earned and maturity proceeds are all tax exempt. 

It may be noted that there are several different methods of depositing money in your PPF account online.

PPF subscribers can deposit money in their account through online fund transfer services like NEFT, ECS etc. Here's how you can deposit money in PPF account online.

1.

NEFT: One can deposit money in PPF account using NEFT. It can be done through net banking. In order to deposit money using NEFT, you must have your PPF account number, IFSC code of the bank branch where your PPF account is held.

The NEFT transfer can be done from savings, as well as, current account. 

2. ECS: Electronic Clearing

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