Is PPF account transferable to another city?

The PPF can be transferred across the country and the account can be moved across bank branches and post offices, so that it becomes easy for you to operate the account.

How do I transfer my post office from one city to another?

So to begin with transferring procedure you need to fill a transfer application form. The transfer form is named as SB 10(b) and is easily available at post office website or at post offices. Fill SB 10(b) form and submit it to the post office from which you want to transfer your account.

Can PPF be transferred online?

State Bank of India (SBI), ICICI Bank, and HDFC Bank, among others, offer online PPF account opening online. In a financial year, you can make up to 12 transactions and transfer up to Rs. 1.5 lakh from one public provident fund account. Your transactions will be denied if you make more than 12 transfers.

How can I transfer my PPF account from post office?

A) How to transfer your PPF account from Post office / Bank to another branch?

1. Visit the post office or bank where you have PPF account.
2. Fill the PPF account transfer request letter / application form (Form-A) and submit.
3. PPF account would be transferred within one week after providing the request.

Can PPF account be transferred?

PPF Account Transfer You have to submit a request in the home branch which will then be forwarded to the branch with specimen signatures, nomination form, etc. You also need to submit new KYC documents along with Demand draft or cheque of the remaining PPF balance.

Can I transfer my PPF account from post office to SBI bank?

If you want to transfer your PPF account from a post office to a bank or across bank to bank along with your current PPF passbook, you need to submit a transfer application form at your current post office/bank branch. Also, request the receipt from the post office/bank of the transfer order.

How do I transfer my Postoffice account?

For transfer of accounts- the depositor should apply in the prescribed form [SB10(b)] or manual application. The application can be given either in transferring office or transferee office.

Can I transfer money from one post office to another?

The finance ministry has approved linking of savings bank accounts at post offices with IPPB accounts. This will enable post office account holders to transfer money from their account to any bank accounts. IPPB customers can use NEFT, RTGS and other money transfer services as available for any banking customers.

How can I transfer my PPF account online in SBI?

To transfer payments to your PPF Account in SBI you just need to logon to your Internet Banking Account and make a payment to your PPF Account in SBI in the same manner as you make an online payment to any other bank account.

How can I link my SBI PPF account to SBI account online?

There is no need to link a PPF account held with SBI to an SBI savings account. At the time of opening the PPF account, either online or offline, you will have provided your existing savings account number held with the bank. This means, your new PPF account is created under the existing customer ID.

Can we transfer PPF account from post office to SBI?

If you want to transfer your PPF account from a post office to a bank or from one bank to the other, along with your current PPF passbook, you need to submit a transfer application form at your current post office/bank branch. Also, request the receipt from the post office/bank of the transfer order.

How can I transfer my PPF account to SBI?

To enable customers to transfer their existing PPF accounts to SBI, the following process must be followed….

1. PPF account opening form (Form A )
2. Nomination Form.
3. Passport size photograph.
4. Copy of PAN card/ form 60-61.
5. ID proof and Residence proof as per Bank’s KYC norms.

How can I transfer my PPF account from post office to bank?

You can transfer PPF account from Post office to bank or from any bank to another bank or post office. The process of transfer is same in every case. First you have to apply at current branch stating that you want to transfer your PPF account to a different bank or post office.

How to transfer PPF account from SBI to HDFC Bank?

The process of transferring PPF from one SBI branch to another branch is simple. Visit your current SBI branch, fill the PPF transfer form by providing the new SBI branch details and submit. This transfer would happen in 1-7 days time. 4) How can I transfer a PPF account from SBI to HDFC Bank? As indicated above, the process would remain same.

How can I transfer my PPF amount to Axis Bank?

You can approach post office or bank where you have PPF account and submit PPF transfer form. Once Axis bank receives all PPF transfer documents from them, they would intimate to you. You need to provide new PPF a/c opening form (Form-A) to Axis Bank along with fresh KYC documents + nomination form (Form E).

When is the PPF interest paid on a transfer?

PPF interest is paid on the last date of the financial year i.e. 31 st March. Assume you have transferred PPF in the middle of the financial year say 30-Sep. The balance transferred to new post office or new bank would be only original balance as of that date without any interest.