Ppf account

Harshcdy220

KF Rookie
Hi myself harsh I want to clarify about ppf account
Should I open my ppf account in bank or in post office and best time to open ppf account and if I open my ppf account in bank then my money is controlled by bank or by government and if the bank collapse then what will happen to my ppf account
I will get my full amount back or not . Plz clarrify
 

17ysaurabh

KF Mentor
Tell me one thing that If I open ppf account with associated bank will it be 100 % safe
Yes, it is 100% safe.
PPF is backed by the Indian government and the banks are just a medium to invest.

I have opened a PPF account in HDFC bank as I can easily deposit money to that account online. You may search for a similar bank that has a seamless experience.
 
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