ICICI Bank said it is the first lender in India to introduce a fully digital and paperless procedure for opening a PPF account. Photo: MintNew Delhi: Private lender ICICI Bank on Thursday said it has launched a digital service to allow customers to open a public provident fund (PPF) account online, eliminating the need for furnishing paper documents. “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. They can now conveniently open a PPF account anytime, anywhere using the bank’s digital channels of Internet and mobile banking,” it said in a statement. The bank said it is the first lender in the country to introduce a fully digital and paperless procedure for opening a PPF account.
Source: Mint December 07, 2017 09:00 UTC