Ppf transfer using Paytm rent

Deal Cadet

can I transfer money to PPF using Paytm rent

5 Dimers
  • Sort By
Deal Captain Deal Captain
Link Copied

You are a very good question.

Deal Lieutenant Deal Lieutenant
Link Copied

I think it would work on any account. Whether it comes on the side of illegal or outright crime in the scale is another question.

Why don’t you pay rent to another account and later pay ppf from that money

Hunk Hunk
Link Copied
rajatindia wrote:

why it is illegal?

Because investments like PPF etc cannot be and should not be made with credit or loan amounts.

Rotated money is basically a credit, which is not an acceptable instrument for ppf investment.

If done, it’s done on risk.
Imo, this is not a wise or calculated risk to be taken.

Click here to reply