In this blog we have written many articles on PPF, but a small thing that we missed is, the details of the documents required while opening the same.
This is in fact came into mind when one of the readers asked about this particular requirement. So let us find out what are the documents or the KYC documents required while opening a PPF account.
Any authorised Bank or Post office where you want to open your PPF account they primarily look at three things. 1. Identity Proof, 2. Signature Proof, 3. Address Proof, i.e. in short ISA. So you need to carry all these documents to avoid the situation of running of pillar to post. There are certain documents/proofs which actually suffice all of these requirements of ISA for example; Passport; Passport carries your Photo Identity, Proof of Signature and Valid Address proof as well. But there may be sometime where you have changed the address. but not updated the same in your passport, in that case you need to provide separate document as a proof of current communication/residence address.
Even recently introduced Aadhar Card by govt is also accepted as valid identity and address proof.
For your better understanding, below are the lists of documents out of which any one or two or three you can carry while visiting to a bank or post office for PPF accounting opening.
You can just pick up any of the above ISA documents for PPF account opening. Oh No! You are forgetting to take one Passport Size Photo Graph which has to be affixed on the application for account opening “Form A”.
In case the PPF account has to be opened in minor’s name then
- KYC Documents
- A Passport Size Photo Graph
- Age Proof of minor i.e. Birth Certificate/School Leaving Certificate
- Also note, in case of PPF account to be opened in minor’s name, nomination “Form E” is not required