Check PPF Account Balance Online, SMS, Missed Call, Statement

Check PPF Account Balance Online – Public Provident Fund, or PPF for short, is a long-term, government-backed investment with a maturity period of 15 years. Millions of Indians have chosen it as their preferred investment option as it guarantees tax-free returns and is risk-free. PPF balance check should be done frequently as this investment is made for long term. Currently, you can check your PPF balance online and offline. To know your PPF account balance, visit your local bank branch. Read below to get detailed information related to PPF account balance check.

One of the most profitable options for tax saving investments in the market is Public Provident Fund (PPF). At the current compound interest rate of 7.1%, a PPF scheme offers an opportunity to build substantial financial support over time. A PPF account can be opened with a minimum investment of Rs 500. 500 and a maximum investment of Rs. 1.5 lakh per financial year. It is suggested to check the PPF passbook once a month to get an overview of the amount deposited in the account and the overall available balance as the money cannot be withdrawn before maturity.

Check PPF Account Balance Online

Name	Check PPF Account Balance Online
PPF Full Form	Public Provident Fund Balance
Methods to Check PPF Balance	Post Office Online Net Banking Offline Mode at a Bank
Beneficiaries	PPF Account Holders

PPF Account Balance Benifit

Some of the key benefits of PPF account balance check are as follows:

• An individual can easily find out the amount of interest earned on each investment by checking his PPF account balance frequently. The finance ministry said the rate may change every three months.
• The interest rate varies throughout the finance. This interest is credited to the user’s PPF account at the end of every financial year.
• By checking the PPF account balance regularly, it is possible to estimate the amount of money received on account closure.
• After five years of PPF investment, partial withdrawal is an option. As a result, monthly inquiry of PPF balance reveals how much money a person will get after withdrawal.
• The most important aspect of PPF balance check is the availability of funds at the time of need.
• The individual is eligible to receive an amount equal to 25% of the outstanding PPF amount in the second year preceding the credit application period.
• One can borrow money against PPF balance without any collateral to meet their basic needs. A borrower has three to six financial years to apply for this loan.

Methods of Checking PPF Account Balance

Following are the different methods of checking PPF balance:

• Check PPF balance through offline mode in bank
• Check PPF balance online through net banking
• Check PPF balance through post office

Process of Checking PPF Account Balance Through Offline Mode in Bank

If you have a PPF account with any banking institution but not net banking enabled, you can check your PPF balance offline by visiting the bank and updating your passbook. Here’s how to check PPF balance in bank through offline mode:

• When you open a PPF account with a bank, you will be issued a passbook.
• Your PPF account number, debits and credits in your PPF account, bank branch details and your PPF account balance are all included in this passbook.
• You will have to visit the bank branch regularly to update the passbook of your PPF account.
• Passbook displays the current amount and details of each transaction done in the PPF account.

Check PPF Account Balance Online Through Net Banking

Here’s how to check PPF balance through online net banking:

• Your PPF account and your current bank savings account should be linked. In some cases, banking institutions allow you to open a PPF account only if you already have a savings account.
• Check if you have a bank account with a functional net banking system.
• You need to sign up using your net banking credentials to access your various account details including PPF account.
• You can check your current PPF account balance after login.
• Digital cash transfer to your PPF account, setting up ongoing security procedures for your PPF account, downloading PPF balance check statement and other additional features and services are some of the additional facilities available through net banking.

PPF Balance Check Process Through Post Office

The process of checking PPF balance through post office is as follows:

• PPF accounts can be opened only at sub-post offices or head post offices where this service is available to all.
• You will need your PF account number and establishment code to check your PPF account balance and the information will be displayed on the page

Freequently Asked Questions