Sir,
As per the RBI notification RBI/20.11-12 /299/DGBA.CD.NO.H-3764/15.2.001/2011-12/Dec15,2011-F.1/12/2061-NS-IIdt 25.11.11
The ppf deposit limit increased from Rs.70,000 to 1 lac.
It is mentioned in the RBI circular, copies have been marked to State Bank of India.But when I had been to the SBI, Mettur Dam branch they refused to receive deposit beyond Rs.70,000 saying that they have not received the circular. If deposit made after 6th of every month interest will not credited for that month.This is our difficulty.
Natarajan
CAclubindia
