After starting this blog, may users have started writing mail to me asking Can I Open PPF Account in HDFC Bank. Although it was surprising to me that such a large requests coming to me every day by email and comments, there were times people never used to invest their money (Savings) into private banks like ICICI Bank or into HDFC Bank Account as they had the fear that when the banks go under bankruptcy and they will lose their precious money.
So with globalization being so advanced, today there is no need to fear but to confidently invest their hard earned money in PPF Account under private banking as the same PPF Account Rules what applies to Nationalized Banks applies to Private Banks too. But still there is one question which is unanswered in the website or HDFC Bank website – CAN I Open PPF Account in HDFC Bank.
CAN I Open PPF Account in HDFC Bank ?
Please note at the time of writing this post on January 19th 2014. A User CANNOT open PPF Account in HDFC Bank . Although you may ask how confirmed are you to tell this.
- The HDFC Bank Website never mentions about the PPF Account details
- Even if you Google there is no evidence of HDFC Bank mentioning that they are starting this process.
- Another evidence for the question CAN I Open PPF Account in HDFC Bank is visiting the HDFC Bank Official Facebook Page which clearly mentions they don’t offer ppf account in hdfc
Update 17/09/2016 : – Visit the HDFC Bank – Website to know more as they are now taking ppf account creation from users
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