Hy, welcome back.
This article will see how you can apply for your PPF account from the Axis Bank website. I was used the Axis bank website to create the PPF account and you can do the same on mobile as well.
You can refer to the video content for the steps to follow to create your new PPF Account.
Step 1 Login
As the first step, open your browser ( I am using chrome ) and search for https://www.axisbank.com/. It will open the official webpage of axis bank.
Now login to the website. I am using a debit card number followed by a pin number to log in to the website. You can use the other methods as well.
Once you entered your credentials, you will get an OTP to your registered mobile number. Enter the same on the website.
On the home page, you can see your account details and amount which is available in your savings bank account.
Step 2 Navigation
In the navbar go-to investment section, and click on the PPF option. The PPF is nothing but a Public Provident fund.
Want to know more about the PPF account? Eligibility to open PPF account – Public Provident Fund
I am sure now you have a fair idea about the PPF account now click on Proceed Button.
Read the instruction carefully, understand the terms and conditions.
Step 3 Initial Deposite
On the next page, you can see the Deposite Amount text box. The minimum amount to be deposited is 500Rs. Below you can see your saving bank account from which the amount will be deducted.
As of now, Standing Instruction for my PPF account is not enabled.
Step 3 Nomination
Now let’s proceed to add Nomination
Never forget to mention or add the nominee to your account. Because it will be a long term investment of 15 years or more so be responsible enough for that.
If you are already having a savings bank account in axis bank then all the information will be automatically fetched and added to your PPF account.
Once you click on proceed then you will get another webpage from NSDL, enter the Adhar Number and then again enter the OTP in the webpage.
Step 5 Congratulation
Now you will get a success page and your account is successfully created and now you can deposit anytime.
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PPF is one of the most useful and best investments where you will get full security, risk-free. Higher return than FD’s and 100% tax redemption.
Thank you. Happy Investment.