Featured Topic – How to Open PPF Account in State Bank of India. I have been telling all my blog readers and email subscriber users to Open PPF SBI Account in most of my comments and blog post. There are plenty of benefits such as ppf sbi online payment at the comfort of your home and may more. Now readers have frequently asked me if you say SBI PPF Scheme is the best, why not tell us the the Procedure to Open PPF Account in SBI.
How to Open PPF Account in State Bank of India
Now let’s see how to open PPF Account in SBI. One of the first steps is to identify / locate your nearest sbi branch, in order to open PPF SBI Account. Once you have identified the branch, it is essential to have a list of documents to open a PPF Account in SBI
Documents Required to Open PPF Account in SBI
Although we listed a set of documents required to Open PPF Account in our previous post. I will list them once again here
|Photo ID Debit/Credit Card||Yes||Yes||No|
|Employers Letter stating Mailing Address||No||No||Yes|
|Self Signed Cheque||No||Yes||No|
Note: It is always advised to check with the bank essential documents required for ppf in sbi
Can I link PPF Account to SBI Account ?
It has been noted that many users who have SBI Savings Account have been frequently asking me Can I link PPF Account to SBI Account. Well, the answer to the above question is YES !
SBI PPF Account Rules
PPF Account opened in SBI have some common rules – You can read the Rules & Regulations for PPF SBI Account
PPF SBI Account Opening Form
In order to open PPF SBI Account, you need to fill in an SBI PPF Account Opening Form – Form A – which can be Downloaded from SBI Website.
This is form A which is called Opening PPF Account Form
SBI PPF Money Deposit
Once you have opened the PPF SBI Account, its now time to deposit money into SBI PPF Account. In case you have not availed the SBI PPF Online Payment or SBI PPF Account Online Access, you need to make use of the SBI PPF Deposit Challan Download – Form B
This is form B which is called SBI PPF Deposit Challan
SBI PPF Nomination Form
Once you have opened the PPF SBI Account and deposited money, its now time to make the SBI PPF Nomination Form Submission, this is helpful in the event of death of the subscriber and to whom the amount should be refunded.
This is form E which is called PPF Nomination Form