We all need PPF Account but many users who are interested to open PPF account don’t know how to an account for PPF. The best option is to open an account with SBI. Opening a PPF account with SBI is very fast and easy to use. The biggest advantage with SBI is, they allow online transfer fund into your PPF account that save your time, energy and money too. Let’s take a look what are documents required to open PPF Account at State Bank of India:
3 Steps to Open PPF Account in SBI
Choose SBI Branch: This is important, you should choose your nearest SBI Branch where you can request to open the PPF account. Make sure that the branch should not be far away. You can locate SBI Branch here.
Submit Necessary Documents: Next step if to collect your necessary documents that are required to open the PPF account. Documents include Identity Card and Address Proof.
You can submit any one of the document for Identity Card:
For Address Proof you can submit any one of the below listed documents:
- Telephone Bill
- Electricity Bill
- Ration Card
2 Passport recent photographs will be required while submitting the document. Make sure to carry original documents along photo copy so that bank person can verify the documents and your account can be created hassle free.
PPF Passbook: Once you provided above documents then you will have to fill up pay-in slip that will be used to transfer amount to your account very first time. A PPF Passbook is very much similar to a Bank Saving Passbook that is issued by bank.