PPF account, or Public Provident Fund, is an excellent and secure investment option for your future savings and retirement.
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Annual interest rate of 7.1%
PPF account offers an annual interest rate of 7.1% and parents can also open it for minor children.
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How to open a PPF account online?
Now you can easily open a PPF account from home. For this, you need to log in to your bank's net banking and follow these simple steps. Let's know.
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First step
Log in to net banking and go to the PPF section. Click on 'Open New Account'. Enter your name, address, and nominee details.
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Second step
Fill in the required information and deposit a minimum of Rs 500. Complete the process with the OTP received on your linked mobile number.
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Keep these necessary documents handy
To open a PPF account from home, you will need identity proof (Aadhaar card, PAN card, passport), address proof (Aadhaar card, Voter ID, utility bill), and passport size photo.