i am a 31 year old sportsman from one of the towns in tamil nadu. currently i am working for a college in chennai. i have plans to invest in ppf so that if i am not there around it can be helpful to my parents in my home town. can anyone tell me how it works and how to open this account in chennai?Asked 947 day(s) back
Investing in PPF is one of the best ways to secure money for your family. You can also save some tax if you invest in PPF. The interest earned is also good and you can lock money in the account for a long period of time. You can approach one of the branches of SBI who deal with PPF accounts. Few of the branches of SBI in that I know in Chennai who deal with PPF are Besant Nagar, Gill Nagar, Royapuram, Vepery.