Best Bank To Open Ppf Account

There are some banks that have taken time to get the approval.

Best bank to open ppf account.

Being an an ex sbi po one might accuse me of doing a bias. The application form must be submitted. Earlier opening a ppf account was allowed only at nationalised banks however private banks such as axis hdfc and icici bank also offer the ppf scheme. You will surely get things sorted out.

After a few weeks you can check with your new bank to see if the account has been successfully transferred. Individuals can open a ppf account at banks or at post offices. Coming back to the question indeed sbi is the best bank to open your ppf acc. The same can also be achieved via net banking.

For your information ppf accounts were handled only through post office which limits the number of users to. But before that just read my post what is the future of sbi po. You can open an account with any nationalized bank state bank of india sbi punjab national bank centeral bank of india or post office or some authorized private banks icici bank hdfc bank axis bank etc a minimum yearly deposit of rs. 500 is required to open and maintain a ppf account.

You can choose ppf accounts at private sector banks on. Requirements to ppf account in bank and post office. Once your new bank receives the document you will be asked to submit an account opening form along with the old ppf passbook you held at the previous bank.