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7 Answers

Which bank among ICICI and SBI is good to have a Public Provident Fund (PPF) account in?

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PPF

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I am 22 years old, securing a job in an IT firm which I have joined just before one and a half year. I am having saving accounts in both the ICICI and State Bank Of India (SBI). Recently I have came to know that ICICI bank is also allowing to open the PPF account. I have Internet banking in ICICI where as normal savings account in SBI. Please guide me which bank is good for opening the PPF account in respects of service and time required for the further processing.

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ppf account interest rate icici vs sbi

7 Answers



  1. Sonu on Jun 14, 2012 reply

    SBI is good… and moreover it s national bank…… so go ahead with tat….

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  2. divya on Jun 14, 2012 reply

    I have one is SBI. GO for it.

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  3. james on Jun 14, 2012 reply

    For PPF SBI bank is the best.

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  4. Yuvam on Jun 14, 2012 reply

    Of course,

    SBI is good to invest the money in Public Provident Fund.

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  5. MaX on Jun 14, 2012 reply

    Go with SBI

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  6. Shanmuganandan Muthaiya Pillai on Nov 28, 2012 reply

    nothing like that… Sbi or icici is best…the ppf scheme is run by the govt whereas sbi, icici and post office acts as a agent to collect itfromthe public.choose tne branch which nearer to your house.thats all.

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    • Lokesh dua on Feb 10, 2013 reply

      man ppf is completely a govt product it has nothing to do with any bank, moreover if you go with private bank like icici u will get easily as they are private banks which serve their customers.. although that does not mean that sbi does not serve its customers good but as i mentioned that it is run under govt scheme. so dont worry an open a ppf account with any branch and for all those people who dont have knowledge about it should keep their mouth shut..

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