Public Provident Fund (PPF) — Bank of Baroda service route
A Government of India long-term provident-fund account serviced by Bank of Baroda, with a current 7.10% annual rate, ₹500 minimum yearly contribution, ₹1.5 lakh annual contribution ceiling and a 15-year base term.
Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.
Recorded source review date, not a claim that the product changed that day.
Target recheck: December 9, 2026.
Government-set economics, contribution rules, liquidity and eligibility must be read together.
The servicing bank does not set the scheme economics; current government/RBI rules and the exact service route remain controlling.
Government savings scheme evidence stays in its own structure.
Specialist fields below remain source-scoped. Missing values stay missing; one banking product type is never used to manufacture facts for another.
Where this one Government scheme can actually be opened or serviced.
The scheme economics remain Government-set. These rows verify bank/channel access only and never create duplicate bank versions of the scheme.
| Servicer / status | Opening route | Digital / transfer notes |
|---|---|---|
| State Bank of IndiaBranch + YONO · verified | Open through YONO SBI or at an SBI branch. | Digital opening and ongoing PPF access are documented; SBI also reports PPF extension/regularisation digital initiatives. Scheme transferability remains governed by PPF rules; verify the receiving branch before transfer. Source ↗ |
| Bank of BarodaAll branches + bob World · verified | Open at Bank of Baroda branches or through bob World for eligible existing customers. | bob World supports opening, standing instructions and online contributions from a Bank of Baroda savings account. Bank of Baroda explicitly states PPF can be transferred to/from another bank branch or Post Office. Source ↗ |
| ICICI BankNet Banking + iMobile + branch · verified | Adult self-operated PPF can be opened through Net Banking or iMobile; minor PPF requires a designated branch route. | Online contribution from the linked ICICI savings account is supported. Transfer follows the Government PPF framework; branch handling may be required for transferred/minor accounts. Source ↗ |
| HDFC BankNetBanking + branch · verified | HDFC documents online PPF opening through NetBanking for eligible customers and an offline branch/post-office route. | After online opening, contributions can be transferred from the linked HDFC savings account. Transfer remains subject to PPF rules and receiving-office processing. Source ↗ |
| Punjab National BankAll branches + digital servicing · verified | PNB states the PPF scheme is operational in all branches. | PNB ONE documentation lists PPF statement and transfer functionality for linked accounts. Use the branch/scheme process for inter-office transfer; digital transfer here refers account funding/servicing, not migration between providers. Source ↗ |
PPF across the last six notified quarters.
History preserves the Government-notified period. For PPF/Sukanya the account rate can reset over time; SCSS/KVP mechanics can lock the opening/purchase-period rate for that contract.
DEA 30 June 2026 memorandum: rates unchanged from Q1 FY2026-27.
Government evidence ↗DEA 30 March 2026 memorandum: rates unchanged from Q4 FY2025-26.
Government evidence ↗DEA 31 December 2025 memorandum: rates unchanged from Q3 FY2025-26.
Government evidence ↗DEA 30 September 2025 memorandum: rates unchanged from Q2 FY2025-26.
Government evidence ↗DEA Annual Report 2025-26 publishes the same rates for all four FY2025-26 quarters.
Government evidence ↗DEA Annual Report 2025-26 publishes the same rates for all four FY2025-26 quarters.
Government evidence ↗Fees, balances, benefits, limits and eligibility without a single-score shortcut.
These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.
Who this record appears designed for—and what can break the fit.
Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.
Resident individuals seeking long-horizon government-backed compounding and tax-exempt PPF interest/maturity value who can accept contribution caps and rule-based access rather than FD-style redemption.
- PPF’s 7.10% is a current-quarter rate applied under government rules; it is not a 15-year fixed coupon.
- The annual ₹1.5 lakh contribution ceiling is separate from the aggregate statutory tax-deduction ceiling across specified savings instruments.
- Tax benefits depend on current law and tax regime; the bank page still uses legacy Section 80C wording while the engine maps current 2026-law numbering.
- PPF liquidity is rule-based and should not be compared with an ordinary callable bank deposit solely on headline yield.
Compare this product only where the pair is deliberately maintained.
Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.
Complete evidence set for this maintained profile.
Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.
When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.
This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.