How To Open SBI PPF Account Online

A Public Provident Fund (PPF) account is a long-term savings scheme that is backed by the Government of India.

It is designed to encourage individuals to save for their retirement while also providing a tax-saving benefit.

The PPF account has a tenure of 15 years and currently offers 7.1 percent annual interest.

The PPF scheme is regulated by the Ministry of Finance (MoF) and is also available through authorized banks like the State Bank of India (SBI) and post offices across the country.

Here’s a step-by-step guide to opening an SBI PPF account online

Log in to SBI’s online account at by using the correct credentials. Click on the link that reads – ‘request and enquiries’ section from top right corner. From the drop-down menu, click and select the ‘New PPF Accounts’ link.

On the new window, the “New PPF Account” page will appear. Details such as name, address, PAN card and CIF number will be displayed on the screen. Those opening an account on behalf of a minor, need to tick the box on the space provided. If you don’t want to click on minor then fill in the branch code in which you are willing to open your PPF account.

To proceed further, enter bank’s branch code and branch name. Also, provide at least five nominee details based on your preference. Then click on the ‘Submit’ button. Write down the reference number and download the form provided.

Take a printout of the account opening form from the ‘Print PPF Online Application’ button. Finally, submit the PPF form to the SBI branch. The form needs to be submitted with your KYC documents and a recent photograph within 30 days. PPF, SBI, PPF, SBI PPF Account, Public Provident Fund Account, SBI PPF Account, Business

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