Can we transfer PPF account to post office?

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Can we transfer PPF account to post office?

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.

Can I transfer money from SBI to post office PPF account?

If you want to transfer money from SBI or any other bank to the post office, then the customer has to open an IPPB IPPB account in the post office. This account is mobile based. It can be run with the help of app. One can easily do banking transactions through IPPB.

Can we transfer PPF account from one bank to another online?

PPF account can be transferred from one authorised bank or Post office to another. In such case, the PPF account will be considered as a continuing account. To enable customers to transfer their existing PPF accounts from the other bank/post office to ICICI Bank , following process is to be followed.

How can I check my PPF balance in post office?

You can check your PPF account details including the balance under the ‘My Deposits’ section. Check PPF balance through missed call or SMS: Give a missed call to 9223766666 or send an SMS ‘BAL’ to the same number to get the balance.

Can we transfer money from PPF to net banking?

Transfer your funds via internet banking You can transfer money into your PPF account. You have to go to the payment section after logging to your internet banking portal. You should then click on ‘third payee’ and submit details such as your bank IFSC code, PPF account number.

How to deposit money in post office PPF account?

Here’s how you can transfer money in post office PPF account through IPPB: 1. Go to DOP services and choose a product- Recurring Deposit, Public Provident Fund, Sukanya Samridhi Account, Loan against Recurring Deposit. 2. If you want to deposit money in your PPF account, then click on ‘Provident Fund’.

Can a PPF account be transferred through IPPB?

• IPPB provides you online payment facility to your PPF Account. • IPPB notifies you for successful payment transfer made through IPPB mobile application. • Customer must have active PPF account with Post Office.

Which is the best bank to transfer funds to PPF?

However, not all of them offer online fund transfer facility. In fact, out of 23 odd banks that are currently approved for opening PPFs, only SBI, ICICI, Axis, HDFC, Allahabad, Canara, Central Bank, IDBI and BOI offer online transfers to PPF. If you have your PPF in one of the these banks, you should be able to make online deposits quite easily.

Where can I transfer money from my post office account?

Post Office PPF Users Can Now Transfer Money Online! Post office account holders can without much of a stretch help out fundamental financial exchanges effectively through India Post Payment Bank (IPPB).

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