PPF is an abbreviation of "Public Provident Fund". It is a scheme of the Central Government of India offered for investment which not only generates guaranteed returns but also gives tax rebate under section 80C of Income Tax Act.
Any resident Indian citizen can open a PPF account who can be a salaried employee, self-employed, businessman, professional or any other person. It can also be opened in minor's name in the capacity of guardian of the minor by submitting application on Form A.
Earlier only post offices used to offer PPF accounts but now-a-days almost all public sector banks as well as some private sector bank offering PPF account. The whole list of such banks is given below for your reference.
Click "Link" column (on below table) to visit to the respective bank website to get more about the PPF account details.
|ALLAHABAD BANK||PPF Form|
|ANDHRA BANK||PPF Form|
|BANK OF BARODA||PPF Form|
|BANK OF INDIA||PPF Form|
|BANK OF MAHARASHTRA||PPF Form|
|CANARA BANK||PPF Form|
|CENTRAL BANK OF INDIA||PPF Form|
|CORPORATION BANK||PPF Form|
|DENA BANK||PPF Form|
|IDBI BANK||PPF Form|
|INDIAN OVERSEAS BANK||PPF Form|
|PUNJAB NATIONAL BANK||PPF Form|
|STATE BANK OF BIKANER AND JAIPUR||PPF Form|
|STATE BANK OF HYDERABAD||PPF Form|
|STATE BANK OF INDIA||PPF Form|
|STATE BANK OF MYSORE||PPF Form|
|STATE BANK OF PATIALA||PPF Form|
|STATE BANK OF TRAVANCORE||PPF Form|
|SYNDICATE BANK||PPF Form|
|UCO Bank||PPF Form|
|UNION BANK OF INDIA||PPF Form|
|UNITED BANK OF INDIA||PPF Form|
|VIJAYA BANK||PPF Form|
|Nellore District Cooperative Central Bank Ltd||12 Months||9.50%(p.a.)|
|Kakinada District Cooperative Central Bank Ltd||12 Months||9.25%(p.a.)|
|Nagar Urban Co Operative Bank||12 Months||9.25%(p.a.)|
|Chittoor District Cooperative Bank Ltd||12 Months||9.00%(p.a.)|
|Idukki District Cooperative Bank||12 Months||8.75%(p.a.)|
|Esaf Small Finance Bank Limited||12 Months||8.75%(p.a.)|
|The Goa State Co Operative Bank Ltd||12 Months||8.50%(p.a.)|
|Jalna Merchants Coop Bank Ltd||12 Months||8.50%(p.a.)|
|Ashoknagar Coop Bank Limited||12 Months||8.50%(p.a.)|
|Suryoday Small Finance Bank||12 Months||8.50%(p.a.)|
|The Chandrapur District Central Cooperative Bank||12 Months||8.50%(p.a.)|
|Samarth Sahakari Bank Ltd||12 Months||8.50%(p.a.)|
|Rupee Cooperative Bank Ltd.||12 Months||8.50%(p.a.)|
|Utkarsh Small Finance Bank||12 Months||8.25%(p.a.)|
|The Sangrur Central Cooperative Bank Ltd||12 Months||8.25%(p.a.)|
|The Thiruvananthapuram District Co Operative Bank Ltd||12 Months||8.25%(p.a.)|
|Solapur Janata Sahakari Bank Limited||12 Months||8.25%(p.a.)|
|Kallappanna Awade Ichalkaranji Janata Sahakari Bank Limited||12 Months||8.10%(p.a.)|
|Fincare Small Finance Bank Ltd||12 Months||8.00%(p.a.)|
|North East Small Finance Bank Limited||12 Months||8.00%(p.a.)|
|Shri Veershaiv Coop Bank Ltd||12 Months||8.00%(p.a.)|
|G P Parsik Bank||12 Months||8.00%(p.a.)|
|Rajarambapu Sahakari Bank Ltd||12 Months||8.00%(p.a.)|
|The Pandharpur Urban Coop Bank Ltd||12 Months||8.00%(p.a.)|
2018 October 24 is a bank holiday in Andaman And Nicobar Island due to Lakshmi Puja/Maharshi Valmiki Jayanthi.
2018 October 27 is a bank holiday in Himachal Pradesh due to Karva Chauth.
2018 October 31 is a bank holiday in Sikkim due to Lhabab Duechen.
2018 November 01 is a bank holiday in Karnataka due to Kannada Rajyostsava/Kut.