I am planning to open an account in the Punjab National Bank (PNB) PPF Account and searching details related to this. Will you please provide me list of documents required for opening a PPF Account in PNB also tell me what the eligibility to open this PPF Account?

Punjab National Bank (PNB) is an Indian financial services company based in New Delhi, India. PNB was founded in 1894, the bank has over 6,300 branches and over 7,900 ATMs across 764 cities.

A Public Provident Fund (PPF) Account is a financial account that has been made available to Indian citizens since its inception in 1968 through the Public Provident Scheme.

It offers a dual benefit to the account holder.

Documentation Required for opening a PPF Account in PNB

A comprehensive set of documents are required by authorised branches in order to open a PPF account for an interested depositor -

Account Opening Form
PPF Deposit Slip
Identification Proof
PAN (Permanent Account Number) Card
Driving License
Voter ID Card
Passport
Address Proof
Telephone Bill
Electricity Bill
Ration Card
Two recent passport size photographs
Pay-In Slip

Punjab National Bank (PNB) PPF Account Guidelines

A PNB PPF Account is subject to -

Eligibility criteria –

Only individuals can open a PPF account on behalf of self or as a guardian of a minor
Non-eligible entities include
Hindu Undivided Family (HUF)
Non Resident Indians (NRIs)
Only one PPF Account per individual

Duration -

The PPF Account has a default duration of 15 years at its initiation. It can also be operated at blocks of 5 years at a time and can be renewed for another 5 years before 1 year of its maturity
Minimum Subscription -

Initial of Rs. 100. The minimum deposit after the initial subscription is Rs. 500.

Contact:

PNB
CustomerCare Division
Toll Free No.
1800 180 2222
1800 103 2222
Tolled No. 0120-249000
Landline :011-23714562