How To Open Public Provident Fund (PPF) Using SBI Net Banking

Public Provident Fund (PPF) scheme, a retirement planning-focused instrument, is offered by various institutions including India Post and commercial lenders such as State Bank of India (SBI). The PPF scheme enjoys an "exempt, exempt, exempt" (EEE) status. This means that the returns, the maturity amount and interest income are exempt from income tax. A PPF account can be opened with SBI at any branch with relevant documents, noted th...