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Procedure to open PPF Account

The PPF or Public Provident Fund is one of the most popular long-term investment options offered by the Central Government for Indian residents. Being a long-term investment, it fits into the portfolio of all investors with different risk profiles.

2 easy steps how to open a PPF Account

STEP-1: PPF Account Can Be Opened In All Branches

STEP-2: Submit Required Documents As Below

ID Proof

  • PAN Card
  • Driving License
  • Voter ID Card
  • Passport
  • Aadhar No.

Address Proof

  • Telephone Bill
  • Electricity Bill
  • Ration Card

2 (Recent) Photographs

Pay-In Slip (available at all authorised bank branch) to transfer amount to your new opened PPF Account

Note

Carry original documents to the bank for verification.

Documents should be self-attested.

Once the account is opened, a PPF Account passbook is issued to you. All transactions on your

PPF Account are updated in this passbook; the passbook is required for claiming tax deduction under Section 80C of IT Act.

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