As many of us knows about the benefits of PPF (Public Provident Fund) Account, but postpone the opening of it, due to heavy workload or laziness. In this article i am going to explain the process of opening a PPF Account in simple steps.
3 Simple Simple Steps to Open PPF Account
1. First Download the Form – A (Application for Opening PPF Account) and Form – E (Application for Nomination). You can Download it from web freely. Just type on google “PPF Form – A , Form – E Download” you can see plenty of links. Just Download and print.
2.Next Fill up Form-A, Form-E. Paste one Passport size Photograph on Form -A. Get another Passport Size Photo, PAN Card and Address Proof. In case if you are opening an account on behalf of Minor, Date of Birth Certificate is also needed . Keep Originals and Photo Copies of all Documents.
3.Keep your subscription amount between Rs.500 and Rs.1,00,000 with you.
Go the Bank or Post office and submit all the above forms and documents. They will ask you to come again or some times immediately the work will be completed.