How To Open PPF Account in SBI Online

Looking for PPF account in SBI online? This article will help you to make the process of opening PPF account in SBI easily without any hassle. Before proceeding further, just let me share the important points or information you might be looking in this article.

  • Documents required to open SBI PPF Account
  • SBI PPF account opening form
  • SBI PPF account rules and guidelines
  • Eligibility criteria to avail SBI PPF scheme
  • SBI PPF account features and benefits
  • Loans and withdrawals against SBI PPF account
  • Interest rate on SBI PPF scheme – 8.5%
  • SBI PPF Calculator
  • How to deposit money in your SBI PPF Account
  • How to transfer your PPF account from post office to SBI

You can visit PPF in SBI Official page for more info.

PPF account is one of the best investment tool for many people in India, if you are talking about long term wealth creation or accumulating retirement fund. yes, the locking peiod and the attractive guaranteed interest rate is the key behind people’s preferences of opening PPF account.

Although you might be having EPF as you are a salaried employee, but you can easily open a PPF account in SBI or any other banks like HDFC bank, ICICI Bank etc and start saving your money for long term. Before proceeding further, you can check out the SBI ppf account opening page for various information like eligibility, interest rates etc.

Documents required to open PPF account in SBI

You can visit to nearest SBI bank branch and collect the account opening form, or you can also visit official SBI website and download the PPF account opening application form online. Besides that you have to carry some mandatory documents with you while visiting the branch.

  • Duly filled PPF account opening form
  • Proof of identity. For example, driving license, PAN card, passport, voter’s id
  • Proof of residence or current address proof
  • Couple of passport size photographs

Steps To Open PPF Account in SBI Online

First of all the complete process is not possible online. Youcan read the complete details about PPF account and also download the application form online. Here is the step by step guide to start your PPF account in SBI.

Collect the ppf account opening application form or download from internet and take a printout.

Fill up the form with your personal details with 100% accuracy.
After the take xerox copies of all necessary documents and visit to your nearest branch.

In the SBI branch, your application will be processed and verification will be done for the furnished documents. make sure to carry the original documents with also.

After verification, your account will be opened a PPF passbook will be hand over to you.

How to deposit money in your SBI PPF Account

Now, you can either visit SBI branch every time as per your need and deposit money. Otherwise, you can transfer money to your PPF account from your SBI net banking account online itself.

You just have to create a standing instruction of how much money you want to deposit every month and your savings account will be debited on that date a deposit the money in your PPF account online. Personally I am transferring money to my SBI PPF account online through net banking only.


I am a passionate blogger and personal finance enthusiast. Mostly share about investment tips, insurance guide, banking how to guides and various personal finance hacks through my blog. Checkout my first YouTube Channel on Personal Finance Guide.

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