Finance Guru Speaks: This article will inform about how you can open PPF account online through SBI (State Bank of India) Internet Banking (OnlineSBI).
3. Fill the details by providing Nominee Details and fill Minor details if you are opening this PPF account on the name of Minor. After filling all the details, click on Submit button.
Follow below steps to open PPF Account using SBI Internet Banking :-
2. Go to e-Services->New PPF Account->Apply For PPF Account section, as shown below:-
Click to enlarge - Open PPF Account Through SBI Online Banking |
Click to enlarge - PPF - Adding Nominee Details |
4. Once submitted, it will generate a PPF Account Opening PDF Form, as shown below:-
Click to enlarge - Open PPF Account Through SBI Online Banking |
5. This PPF Account Opening PDF Form can be downloaded by clicking the PPF Reference No. link from Print PPF Online Application section as shown below:-
Click to enlarge - Open PPF Account Through SBI Online Banking |
6. PPF Online Application form looks like as below:-
Click to enlarge - PPF Online Application form |
You need to complete this generated form and submit it to any SBI branch with your KYC documents and a photograph within 30 days of online application. The name of the SBI branch where you want to open the PPF Account has to be mentioned in Step 2.
Congratulations!! After following above process you can open a new PPF Account through SBI Online Banking.
Also Read:
How To Open Online PPF Account Through ICICI Internet Banking?
How To Invest In PPF Through SIP Using OnlineSBI Account?
Can We Open PPF Account In HDFC Bank?
Images Courtesy: SBI Bank Website
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Hi,
ReplyDeleteThanks for the information.
I have a question regarding the same.
Should the online generated form be submitted to the home branch or could it be submitted to any sbi branch?
Hi Abhishek,
DeleteCheck out Step 2 of the article. You need to submit the form in that branch.
Got it.
DeleteThanks :)
Hi,
ReplyDeleteAfter creating the Online form, Can I Send my family member to Bank for submitting that documents or I have to go?
I am working in Delhi, My branch is in Tamilnadu.
Hi,
ReplyDeleteAfter creating the Online form, Can I Send my family member to Bank for submitting that documents or I have to go?
I am working in Delhi, My branch is in Tamilnadu.
Hi Shankar,
DeleteYou can send your family member to your home branch. Make sure to provide all the requested documents/photo along with completely filled PPF form.
Regards,
Team Finance Guru
I think the article needs some change, reg submitting the form..
ReplyDeleteFrom "https://www.sbi.co.in/portal/web/customer-care/faq-public-provident-fund" we can submit the forms in any SBI bank...
"To apply for the PPF Provident Fund (PPF) scheme, 1968, you have to fill Form A and submit it at any SBI branch with relevant documents"
Cheers,
Kesava
Hi Kesava,
DeleteThanks for your comments. We have taken care of it and updated the article.
Do visit the blog on regular basis.
Regards,
Team Finance Guru
In ppf form in rupees we can fill yearly amount or monthly amount
ReplyDeleteHi Yogendra,
DeleteFirst of all, Thanks for visiting this blog. Regarding your question, the amount you fill is the one time amount which you pay to open the PPF Account. Once PPF Account is opened, then you can manually pay PPF amount manually (through visiting branch or through Internet Banking payment transfer) on yearly/monthly basis (as per your convenience) OR you can set up a Standing Instruction to auto-pay PPF amount on monthly basis. For that you can check this article - http://aimoney.blogspot.in/2012/04/invest-in-ppf-through-sip.html
Regards,
Team Finance Guru
i dont have an account in SBI..but i want to open PPf account in SBI pls Suggest.
ReplyDeleteI have 2 questions
ReplyDelete1)What if I am mentioning the deposit as 500 Monthly in the form, But then depositing 5000 monthly or the vice versa?
2) what if I have mentioned payment tenure as monthly in the form but paying it annually?
Hi Manoj,
DeleteNo issues... Open your PPF account and start investing in this wonderful investment vehicle.
Regards,
Team Finance Guru
is NRE can open PPF account in SBI, Kindly let me know
ReplyDeleteHiiii sir
ReplyDeleteI don't have any sbi A/c bt i want to open a ppf account in sbi branch then what should i do sir ? Suggest me sir please.
hi, does the final form that needs to be deposited requires Signature of the account holder?
ReplyDeleteYes, the Signature is required.
DeleteThis option is not available on my sbi netbanking account. What to do?
ReplyDelete