When planning for long-term savings, two popular options in India often come up: the Public Provident Fund (PPF) and Systematic Investment Plans (SIPs). Both have unique benefits, but they cater to different financial goals and risk appetites. Let’s break down their features to help you decide which suits your needs best. What is PPF? The PPF is a […]
Transferring funds from your State Bank of India (SBI) account to your Public Provident Fund (PPF) is quick and secure. Follow these methods to ensure timely deposits and maximize interest earnings: Method 1: Online Transfer via SBI Net Banking Step 1: Log in to SBI Net Banking.Step 2: Go to “Accounts” → “PPF Account”.Step 3: Select “Deposit to PPF” and choose your linked savings […]
This guide explains how to set up auto-debit for an SBI Recurring Deposit (RD) account in simple, step-by-step English. It covers prerequisites, activation via SBI Net Banking, FAQs, and pro tips to avoid penalties. Perfect for SBI customers looking to automate RD payments without manual intervention. Key Highlights: ✅ Steps to link your SBI savings account with […]
State Bank of India’s Net Banking platform is more than just checking balances. Here’s how to unlock its full potential: 1. Instant Fund Transfers (NEFT/RTGS/IMPS) Transfer money 24/7 to any bank in India. Use IMPS for instant transfers (even on holidays). Save beneficiaries for repeat transactions. 2. Auto-Pay Bills & Avoid Late Fees Set up automatic payments […]
Tracking your Public Provident Fund (PPF) balance with the State Bank of India (SBI) is simple and convenient. Whether you prefer online tools or offline methods, here’s a detailed guide to check your SBI PPF balance effortlessly: 1. Via SBI Internet Banking Step 1: Log in to your SBI Online Banking account at www.onlinesbi.sbi.Step 2: Navigate to the “Accounts” section […]
Linking your Public Provident Fund (PPF) account with your Savings Account and PAN Card at State Bank of India (SBI) ensures seamless transactions, tax compliance, and hassle-free management. Why Link Your PPF Account with PAN and Savings Account? Tax Benefits: PAN linkage is mandatory to claim tax exemptions under Section 80C. Auto-Debit Facility: Linking to […]
