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Roadblocks In Opening PPF Accounts In Banks

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There is a lot of interest in PPFs as a zero-risk corpus gathering instrument, but there seem to be many ground difficulties in opening these accounts in banks. “You do not need to have a bank account to open a PPF account with a bank,” Mint Money’s Monika Halan says. People are often distracted by bank agents trying to sell them other insurance products, but you need to be certain of your choice and persist, she adds.