DelhiDesk The Public Provident Fund (PPF) is a popular long-term savings scheme that currently offers 7.1% interest annually and can be opened in a Post Office or some banks like State Bank of India (SBI). The article provides a step-by-step guide on how to open a PPF account online with SBI, including requirements such as linking Aadhaar and having an active mobile number to receive OTP. Additionally, the article includes a disclaimer and links to other topics on Live Mint.
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👉 Public Provident Fund (PPF) is a popular long-term savings scheme with a 15-year maturity period and 7.1% annual interest rate.
👉 PPF accounts can be opened at Post Offices or some banks like State Bank of India (SBI) either in person or online.
👉 To open an SBI PPF account online, log in to your SBI online account and follow the 10-step process outlined in the article.
👉 Requirements for opening an SBI PPF account online include linking your Aadhaar number to your SBI savings account and having an active mobile number linked to your Aadhaar for receiving OTP.
👉 The article also mentions a disclaimer about catching all business news and market updates on Live Mint and downloading the Mint News App for daily market updates.
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