Lifestyle

How to open a PPF account online? Check

Image credits: iSTOCK

A reliable option for secure investment

PPF account, or Public Provident Fund, is an excellent and secure investment option for your future savings and retirement.

Image credits: iSTOCK

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.

Image credits: iSTOCK

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.

Image credits: iSTOCK

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.

Image credits: iSTOCK

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.

Image credits: iSTOCK

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.

Image credits: FREEPIK
Find Next One