What is PPF account?
PPF account means Public Provident Fund Account
on which regular interest is paid. Any individual in India can open PPF account
and earn tax free return.
Where and how open PPF account?
PPF account can be opened in any Post office, State
Bank of India; some authorized branches of other banks. Banks allows online
deposits in your PPF account but Post office don’t provide such facility.
Procedure to Open PPF account:
- You have to submit PPF account Opening form along with two passport size
photo, PAN number and Address proof.
