If you are searching for a safe investment option with attractive returns with tax benefits, the PPF or Public Provident Fund (PPF) Account is the best option for you. It is a government-backed investment scheme, and the ICICI Bank Limited has been authorized by the Ministry of Finance to open PPF Account.
For opening a PPF Account with ICICI bank, the applicant needs to collect PPF Account Opening Form from the bank. This forms will be available at the bank branches.
After filling all the details which are asked in the form correctly, you have to make your ID proof ready for the application.
These documents required to open PPF account in ICICI Bank.
- PAN Card
- Aadhaar Card
- Driving License
- Ration Card
- Self Signed Cheque
- Employers Letter stating Mailing Address
- Photo ID Debit/Credit Card
The customer needs to present the photocopies of above-listed documents to ICICI Bank to open PPF Account with them. Before submitting the documents make sure to put your signature on the photocopies of the documents to make it self-attested. Documents without the signature are not considered as valid documents. How To Withdraw PPF Account For NRIs?
When you walk into the ICICI bank branch where you wish to open your PPF account, make sure to carry your original documents with you. The ICICI Bank officials may serve as for your originals to verify your photocopies. Once your account is opened, you will receive your PPF passbook of this account. Linking Aadhaar to PPF: Things To Know