State Bank of India is largest banking organisation in the country and the account holders and Consumers will find the option to apply for public provident fund account in this Bank. When it comes to saving the taxes and get the tax free interest rate on your savings, you just need to choose PPF account as the account holder in the SBI Bank. Now you will be able to apply for PPF account in State Bank of India by using online as well as the offline process.
Here is the complete method for the consumers who want to apply for PPF account in State Bank of India:
Online process to apply for PPF account in SBI
If you are using the services of internet banking in State Bank of India, you will be able to apply for PPF account online.
- You just need to visit the website https://www.onlinesbi.com
- You will log in to your account with user id and password
- There will be option of e-services > new PPF account
- You will be redirected to new PPF account page on the portal of SBI
- You just need to fill the form with required details
With this process, you will be able to apply for new PPF account as the account holder in SBI Bank.
Visit the bank branch
Another way to apply for PPF bank account is by visiting the branch of State Bank of India. This facility will not be available in every branch of this Bank so you just need to visit the nearest branch to know if they are providing facility to apply for this account. You can also use online facility of branch locator if you want to find information to contact other branches.
With both of these methods, you will be able to apply for PPF account in SBI Bank.