Do you know IDBI Bank Ltd. has been authorised to subscribe PPF Accounts on behalf of Govt. of India over its selected 50 branches in India. That means, you can open your PPF account there and start saving tax also.
You can also transfer your existing PPF account to IDBI Bank. For that, you need to visit your IDBI bank branch to fill-up the form. Do carry your original PAN card, address proof, 4 photographs, PPF passbook / statement etc.
Updated on 21-Nov-2012 from Admin: It has come to out notice that the above mentioned list is not complete and there are many more branches of IDBI Bank offering PPF account. Please get in touch with your branch for more clarification.