PPF Account - Online
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Can we move our PPF account from one bank where we opened it to another bank; my current bank doesn’t allow me to credit to PPF account online and also I have to visit branch for everything, they do not have good staff as well. Is there a possibility to do this?
If yes , someone experienced please share the steps.
Also which bank has the option to credit to PPF account online over net banking?
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Syndicate Bank now Canara Bank
Yes the current bank will give a cheque in favor of another bank to be credited in your name.
You mean I’ll get a new account?
Also you will not loose interest during the transition period
I have my PPF account in SBI. For past few years, I have been crediting the account online from my ICICI account using standard NEFT. I an sure you bank also offers the same facility.
ICICI and possibly Axis Bank provides the option to open and manage PPF online from their netbanking login. In case of SBI account opening is physical but can be linked to existing netbanking ID.
PPF Acct can be shifted from one bank to another, from Post Office to Bank and from Bank to Post Office, including between different cities. This is an old article but process remains the same
https://economictimes.indiatimes.com/wealth/per...
i have been doing NEFT to my sbi ppf for the last 3 years from HDFC as well …is there any way to check ppf balance online in sbi or via sms short code if i do not have sbi savings a/c or do i have to get the passbook updated from the branch every time @GoogleCA
Bob allows direct transfer of funds through mobile app.
Option is available on mconnect mobile banking app.
Never used personally.
which bank it is bro