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A Public Provident Fund (PPF) Account can be opened by resident Indian Individuals and individuals on behalf of minors.
Only one Public Provident Fund Account can be maintained by an Individual, except an account that is opened on behalf of a minor.
A Public Provident Fund Account can be opened either by the Mother or Father on behalf of their minor Son or Daughter; however the Mother and Father both cannot open Public Provident Fund accounts on behalf of the same minor.
Grand-parents cannot open a Public Provident Fund (PPF) account on behalf of minor grand-child; however, in case of death of both the Father and Mother, Grand-parents can open a Public Provident Fund (PPF) account as guardians of the Grand-child.
Documentation required to open PPF Account
For customers who have a relationship with ICICI Bank that is < 5 years
- Form A
- Passport size photograph
- Copy of PAN card
For customers who have a relationship with ICICI Bank that is > 5 years
- Form A
- Passport size photograph
- Copy of PAN card
- Residence proof – Passport/ Electricity Bill
