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More reasons to choose ICICI Bank’s PPF

Assured returns with low risk

Invest in a safe option and get assured returns

Completely tax free

Amount deposited upto Rs. 1.5 Lacs a year, interest earned yearly & maturity amount is tax free

Save small and build wealth

Build wealth over years by saving as small as ₹500 & maximum of ₹1.5 Lacs in a year

Loan against PPF

In an emergency? Avail loan against PPF between 3rd to 6th year

Assured returns with low risk

Invest in a safe option and get assured returns

Open a Public Provident
Fund Instantly!

    Want to transfer your PPF account to ICICI Bank?

    PPF account can be transferred from one authorised bank or Post office to ICICI Bank.

    At the existing bank/post office

    1. Submit PPF transfer request.

    2. The bank/Post office will send the following original documents:

    • Certified copy of the account

    • Account opening application

    • Nomination form

    • Specimen signature etc.

    • Cheque/DD of outstanding balance in the PPF account to ICICI Bank

    At ICICI Bank

    1. Customer will be informed about receipt of transfer of documents

    2. Customer is required to submit the following:

    • Fresh PPF account opening form (Form A)

    • Nomination form (Form E / Form F in case of change of nomination)

    • Original PPF passbook

    • Fresh set of KYC documents

    Public Provident Fund FAQs

    When can I view my PPF account online?

    PPF account can be viewed online post 24 hours from the time of account opening.

    What is the maximum Standing instruction period?

    A standing instruction can be set for 15 years or till the maturity of PPF account.

    Can I get tax benefit on my PPF investment?

    Tax benefits can be availed under section 80C for the amount invested. The interest accrued is tax free.

    Can a standing instruction be set while opening an online PPF account?

    Yes. Standing instruction can be set while opening an online PPF account.

    Is setting a standing instruction mandatory while opening an online PPF account?

    No. Customers can open an online PPF account without setting any standing instruction.

    Can NRI’s open a PPF account?

    No. A PPF account cannot be opened by NRI’s.

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