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 banks have also started 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|
|Ashoknagar Coop Bank Limited||12 Months||8.50%(p.a.)|
|The Chandrapur District Central Cooperative Bank||12 Months||8.50%(p.a.)|
|Jalna Merchants Coop Bank Ltd||12 Months||8.50%(p.a.)|
|Meghalaya Rural Bank||12 Months||8.25%(p.a.)|
|The Sangrur Central Cooperative Bank Ltd||12 Months||8.25%(p.a.)|
|Mizoram Rural Bank||12 Months||8.25%(p.a.)|
|Kapol Cooperative Bank Limited||12 Months||8.00%(p.a.)|
|Sangli Urban Co Op Bank Ltd Sangli||12 Months||8.00%(p.a.)|
|The Nainital Bank Limited||12 Months||7.90%(p.a.)|
|Amanath Cooperative Bank Ltd. Bangalore||12 Months||7.75%(p.a.)|
|Manipur Rural Bank||12 Months||7.75%(p.a.)|
|Rbl Bank Limited||12 Months||7.75%(p.a.)|
|Bangiya Gramin Vikash Bank||12 Months||7.75%(p.a.)|
|Pandyan Grama Bank||12 Months||7.70%(p.a.)|
|Bandhan Bank Limited||12 Months||7.70%(p.a.)|
|Bharati Sahakari Bank||12 Months||7.65%(p.a.)|
|Sindhudurg Dist Cent Coop Bank Ltd||12 Months||7.60%(p.a.)|
|The Postal And Rms Employ Coop Bk Ltd||12 Months||7.60%(p.a.)|
|G P Parsik Bank||12 Months||7.50%(p.a.)|
|Vananchal Gramin Bank||12 Months||7.50%(p.a.)|
|Udham Singh Nagar District Co Operative Bank Ltd||12 Months||7.50%(p.a.)|
|The Karad Urban Cooperative Bank Limited||12 Months||7.50%(p.a.)|
|Sundarlal Sawji Urban Co Op Bank Ltd||12 Months||7.50%(p.a.)|
|Tirupati Urban Co Op Bank Ltd||12 Months||7.50%(p.a.)|
2017 March 28 is a bank holiday in Goa due to Gudi Padwa/1st Navratra.
2017 March 29 is a bank holiday in Andhra Pradesh due to Chandramana Ugadi/Sajibu Nongmapanba (Cheiraoba)/Telugu New Year's Day.
2017 March 30 is a bank holiday in Jharkhand due to Sarhul.
2017 April 01 is a bank holiday in Andhra Pradesh due to Annual Closing Of Accounts Of Commercial And Co-operative Banks.