How to Open PPF Account In SBI Online?

Last Updated : Sep 18, 2019
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Open PPF Account Online in SBI

Following points need as prerequisites in order to open an PPF account with SBI:

  • You should have active Savings account with SBI.
  • You should have enabled netbanking and mobile banking with your account.
  • Your Aadhar should be linked with your account.
  • Your registered mobile number should link with your Aadhar card. Because registered mobile number will be used to e-sign/e-authorize opening of PPF account instantly.

Process to Open PPF Account Online with SBI

Step 1: Open SBI portal https://www.onlinesbi.com and login to your sbi netbanking account with your credentials.

Open PPF Account Online With SBI Bank

Step 2: After logged in, mouse hover on "Request & Enquiries" menu and click on "New PPF Account".

Open PPF Account Online With SBI Bank

Step 3: It will open "New PPF Account" page, where it will display your name, address, CIF number and your PAN number. If you wants to open ppf account in the name of minor then check the checkbox given at last and fill up details like Minor name, Date of birth and Relationship with applicant.

Online PPF Account in SBI

Step 4: On the same page, enter bank branch code in branch code textbox and hit on "Get Branch Name". If you are not sure for branch code then you can find by clicking on Branch Locator link given below branch name textbox.

SBI PPF Account Online

Step 5: Again on the same page, enter nomination details. In PPF account you can assign nominee and in case of minor there can only a guardian and no nominees are allowed.

Procedure To Open PPF Account Online With SBI Bank

Step 6: Check details once again and hit on "Submit" button. If every details are entered corrected then it will show success message with application reference number for Form A. This reference number is valid for 30 days from the date of submission. Within 30 days you have to print out account opening form from the tab "Print PPF Online Application" and visit the branch with KYC documents and a photograph.

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