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Open a PPF Account - Get a voucher worth Rs.250


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Public Provident Fund (PPF) scheme is a popular long term investment option backed by Government of India which offers safety with attractive interest rate and returns that are fully exempted from Tax.

Why should you open a PPF Account with ICICI Bank Internet Banking?

  • Instant PPF account with eSign using Aadhaar OTP
  • Tax benefit under Section 80C of the IT Act
  • Attractive rate of interest exempted from income tax
  • Minimum annual investment Rs.500 and maximum Rs.150,000
  • Good long term investment of 15 years
  • Instant funds transfer from your linked savings account

And what’s more! ICICI Bank offers voucher worth Rs.250 when you open PPF account through ICICI Internet Banking. Hurry! Offer valid till March 31, 2019.

Steps to open a PPF account:

Internet Banking / iMobile App
Log in to icicibank.com from your computer or mobile
Select 'My Accounts', then choose ‘PPF Accounts’
Click ‘Open Now’
Enter your details
Click ‘Proceed’

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Terms and Condition of PPF Account offer


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I. DEFINITIONS

  • “Alliance Partner” shall mean” Qwikcilver” referred to as ‘Partner’, who has entered into an alliance agreement with ICICI Bank for execution of a promotional arrangements
  • “Offer” shall mean such benefits provided by the Alliance partner on opening Public Provident Fund (PPF) account using Internet Banking or iMobile application during the Offer Period.
  • “Offer Period” shall mean the period commencing from February 01, 2019 to March 31, 2019 both days inclusive
  • "Primary Terms and Conditions" shall mean all the terms and conditions of ICICI Bank are applicable.
  • “Products/Services” shall mean the goods/benefits/facilities offered by the Alliance Partner.
  • “Website” shall mean the following website of the Alliance Partner: www.icicibank.woohoo.in
  • “Void Transaction” shall mean any transaction wherein the transaction has taken place but has been cancelled /rejected /unsuccessful by the Alliance Partner.

All capitalized terms used but not defined herein shall have the respective meanings prescribed to them in the Primary Terms and Conditions. These terms (“Terms”) shall be in addition to and not in derogation of the Primary Terms and Conditions. To the extent of any inconsistency between these Terms and Primary Terms and Conditions, these Terms shall prevail.

II. Offer

  • ICICI Bank Customer needs to open Public Provident Fund (PPF) account using Internet Banking or iMobile application, on successful completion of the transaction, the customer becomes eligible for ₹250 gift voucher
  • Only one voucher per customer can be availed through this offer during the offer period
  • The maximum value of a GV to be provided under this Offer will not exceed 250
  • Customers will receive the gift voucher within 60 working days after the offer end date.

How to redeem the Gift voucher?

  • Visit www.icicibank.woohoo.in
  • Once you select your favourite brand, select the card type. You can choose from Gift Card, E-Gift Card or Gift Voucher.
  • Enter the denomination and quantity you wish to purchase.
  • Click on the "Buy now" button and you will be directed to the Checkout page.
  • In the Checkout page you just need to enter the billing, shipping details and choose the suitable payment mode to complete your purchase using ICICI Bank card or Net Banking only

III. Terms Prescribed by Alliance Partner

  • This Reward Card ("Card") is not a credit / debit or ATM card.
  • This Card is redeemable against product at woohoo rewards catalogue only.
  • The Card balance cannot be redeemed for cash.
  • The points on this card are valid for a period of One Year from the date of last reload / activation.
  • The Card is non-transferrable and can only be used by the person who has received this card from Qwikcilver as part of their corporate programs.
  • Qwikcilver is not responsible for the quality of the products obtained from the rewards catalogue using the Card.
  • Under no circumstance shall Qwikcilver be liable for any losses suffered whether directly or indirectly, that you or your friends, family may suffer due to usage of the Card.
  • The Qwikcilver team shall not be held liable if your Card or any product or voucher received through the Woohoo rewards is lost, stolen or damaged. You shall be solely liable for such lost, stolen and damaged card / product.
  • The courts of Bangalore shall have exclusive jurisdiction in the event of any dispute.
  • For any complaints please contact: 080-67181401 or write to: support@woohoo.in
  • Taxes are applicable for all R&R programs.
  • Gift Cards or E-Gift Cards typically have a validity period of 3 to 12 months. However, the validity period might change according to the brand or retailer. Take a look at the Terms & Conditions provided in the product page before you buy the item and proceed to the payment portal.

IV. General Terms

  • ICICI Bank does not guarantee and make any representation about the usefulness, worthiness and/or character of the discount / benefit or of the Products/Services under the Offer provided by the Alliance Partner
  • All issues / queries / complaints / grievances relating to the Offer, if any, shall be addressed to Alliance Partner without any reference to ICICI Bank. The same shall be addressed by Alliance Partner, only up to a period of 5 days after the date of transaction/purchase.
  • The Offer is not available wherever prohibited and / or on products / services for which such offers cannot be made available for any reason whatsoever.
  • The Alliance Partner and ICICI Bank/Alliance Partner shall mutually reserve the right to modify / change all or any of the terms applicable to the Offer.
  • In addition to the terms and conditions of such partners offering benefits to ICICI Bank Netbanking, credit/debit cardholders, other payment channels of ICICI Bank the following terms are applicable to the Offer.
  • ICICI Bank holds out no warranty or makes no representation about the quality, delivery or otherwise of the goods and services offered by the Alliance Partner
  • Any dispute or claim regarding the goods, services must be resolved by the Card Holder/s with the Alliance Partner directly without any reference to ICICI Bank.
  • ICICI Bank shall not be liable in any manner whatsoever for any loss/ damage/ claim that may arise out of use or otherwise of any goods/ services / assured gifts / prizes availed by the Card Holder/s under the Program offered by the Alliance Partner.
  • ICICI Bank reserves the right to disqualify Card Holder/s from the benefits of the Program if any fraudulent activity is identified as being carried out for the purpose of availing the benefits under the Program or otherwise by use of the Card.
  • ICICI Bank shall not be held liable for any delay or loss that may be caused in delivery of the goods and services.
  • The Program is not available wherever prohibited and / or on merchandise / products / services for which such programs cannot be offered for any reason whatsoever

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