Here is one more addition to our series of posts on PPF account. Let’s say you have a normal banking account in a SBI Branch (or its associate banks or any other bank that is eligible to open a PPF account). And you have Internet banking enabled to that account so that you could manage your entire account online.
Now, if you’ve opened a PPF account in the same branch where you have a Internet Banking enabled SBI account, your new PPF account will be added to your Internet Banking account so that you could check balance from time to time and do PPF Online transfers.
Note that PPF account is only provided by certain branches of a Bank. So, if you’ve opened a PPF account in a branch where you do not have a prior banking account, it is recommended to open a savings account with internet banking so that your PPF account balance will be available to you all the time.
You may also see PPF Interest rate and Maturity amount.