State Bank of Hyderabad is a subsidiary of the State Bank of India. The bank provides PPF scheme to customers apart from standard banking products and services.

Customers can open a Public Provident Fund Scheme (PPFS) account at any of bank semi-urban, urban and metro branches.

PPFS offers safety coupled with high returns and tax benefits.

A long term scheme of 15 years with the investment in equated Instalments is available, which attracts an interest of 8% p.a.

The interest is calculated on the minimum balance between the 5th and 30th of each month.

You can invest a maximum of Rs.100000.p.a. The minimum investment in this scheme is Rs.500 p.a.

The scheme offers you to transfer the accounts among any of the authorized branches.

Application form of state bank of Hyderabad public provident fund account






Documents are needed:

Duly filled PPF account opening form
Proof of identity, For example, driving license, PAN card, passport, voter’s id
Proof of residence or current address proof
Couple of passport size photographs