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ICICI Bank unveils digital service to open PPF account online

08 Dec 2017 Evaluate

ICICI Bank has launched a digital service which allows customers to open a Public Provident Fund (PPF) account online, eliminating the need for furnishing paper documents. The bank is the first lender in the country to introduce a fully digital and paperless procedure for opening a PPF account.

With this new facility, customers of the bank are no longer required to visit a branch and submit physical documents to open a PPF account. The facility, available 24x7 and on all days, will require customers to login to their internet banking or mobile banking and apply for a PPF account.

ICICI Bank is engaged in providing a range of banking and financial services, including commercial banking, retail banking, project and corporate finance, working capital finance, insurance, venture capital and private equity, investment banking, broking and treasury products etc.


Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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