Maximize Returns Open PPF Account Online! Step-by-Step Guide

The National Savings Organization started the Public Provident Fund (PPF) scheme in 1968. It’s a way to invest money and also get tax benefits.

If you want to invest in PPF, you need to open an account for it. Luckily, it’s now easy to do online, so you don’t have to go to the bank. Here’s how to do it:

1. Log in to your bank account using either Internet Banking or Mobile Banking.
2. Look for the option to ‘Open a PPF Account’ and select it.
3. Choose ‘Self Account’ if it’s for you, or ‘Minor Account’ if it’s for a child.
4. Fill in all the required details in the form.
5. Decide how much money you want to invest each year and submit the form.
6. Once you submit the form, enter the OTP you receive on your phone.
7. Your PPF account will be opened. You’ll see it on the screen, and the details will be sent to your email.

Here are some things to know about PPF accounts:

• Only people living in India can open one.
• Adults can open accounts for children under 18 years old.

To take money out of your PPF account, follow these steps:

1. Fill out Form C with all your details. You can download this form from the post office website.
2. Deposit the filled form at your bank or post office.
3. After that, you can withdraw money from your PPF account.