I am looking to open a PPF account online, so that I can do all the transactions online. Please suggest me, which all banks are offering the same.
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I am looking to open a PPF account online, so that I can do all the transactions online. Please suggest me, which all banks are offering the same.
A PPF account can be opened in any SBI Bank or its subsidiaries. The application form for opening a PPF account with SBI is available at the official website of the bank which is http://www.statebankofindia.com/ . As soon as you open an account there is a facility of operating the account online. You just need to give an application in your nearest SBI branch or its subsidiary bank branch to link the PPF account to your bank account. For this purpose your bank account must have online banking facility activated.
I don't think that it is possible to open a Public Provident Fund A/c online. You need to apply in the SBI branch with your ID proof and Address Proof. They will verify the document against original documents and account will be open within 10-15 minutes. They will give you your account no. and a passbook for your PPF account. But later on you can transfer funds online into your PPF account.Quote:
Originally Posted by Dell
You can open online PPF account with ICICI Bank and SBI.