As far as I know you dont need saving bank account in SBI if you need to open PPF account with them , but some of the people are facing issue while openeing the account , Some branches are saying that its COMPULSORY now as per new guidelines .
Does any one know about it ?
Read this comment : https://www.jagoinvestor.com/2010/02/how-to-open-a-ppf-account-at-sbi-bank.html#comment-20203
Also see : https://www.jagoinvestor.com/2010/02/how-to-open-a-ppf-account-at-sbi-bank.html#comment-20072