Five Things To Know About SBI Public Provident Fund (PPF) Account

Public Provident Fund or PPF account, offered by various institutions including commercial lenders such as State Bank of India (SBI), is a retirement planning-focused instrument. A PPF account provides an investment avenue with decent returns coupled with income tax benefits, according to SBI's website - sbi.co.in. Individuals in their own name as well as on behalf of a minor can open the PPF account at any branch, mentioned SBI. As ...