Can I send money to my PPF account using Rupay CC ?

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Budhe-Baba

I was just thinking if I can use Rupay CC linked to UPI to send money to my PPF account in SBI ? 🙄

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Deal Cadet Deal Cadet
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Of course not. How will you get a merchant qr for your PPF account?

Deal Cadet Deal Cadet
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But you can send it to mutual fund.

Ppfas mutual fund website accept rupay credit card upi.

Talk-Of-The-Town Talk-Of-The-Town
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Do we get points?
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Deal Captain Deal Captain
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@abhishek012 bro said, load payzapp, send to paytm wallet using uber/zomato, paytm money can be used to buy whatever the hell you want

The bold portion wasn't said by him though.

Critic Critic
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How to send to Paytm using payzapp? 

Benevolent Benevolent
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In response to OP - PPF can only be invested via NEFT from bank acct. However, there are options to transfer from rupay CC to bank via UPI/payzapp/uber/paytm etc.

Even in new tax regime PPF remains a viable safe investment option as the interest on PPF is 100% tax free. Present PPF int rate is 7.1%. For someone in 20% tax that works out to 8.88% and for someone in 30% tax it works out to 10.15%

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