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Can PPF be deposited in any post office?

Can PPF be deposited in any post office?

PPF accounts can be opened in the Post Office by a single visit. After that, now a Post Office PPF account holder need not visit the home post office branch to deposit money in one’s PPF account. He or she can deposit money in PPF online.

Can I deposit cash in other post office?

1) India Post has announced that it shall hike the withdrawal limit at Post Office GDS (Gramin Dak Seva) Branches. And now the limit has been hiked from ₹5,000 to ₹20,000 per customer. 2) No branch postmaster (BPM) shall accept cash deposit transaction for more than ₹50,000 in an account in a day.

Can post office PPF be paid online?

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

Can I open PPF account other than home branch?

A PPF account can be transferred to any other branch, or any other bank, or Post Office, at the request of the PPF account holder. This service is free of charge.

How can I transfer my PPF account to 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.

How can I transfer my PPF account to another post office?

This process is very simple.

  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.
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Can I deposit cash in PPF account?

D. If your PPF account is in case you have opened your PPF account with a post office, you can deposit additional funds through offline methods only – cash and cheques. These offline payment methods are still accepted by PPF accounts opened by most banks too.

Who can open PPF account in post office?

Any individual who either works for a private company or is a pensioner or self-employed, or belongs to any other category, can open a PPF account in a post office. Only one PPF account can be opened per individual.

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

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

Specify the address of the bank branch to which you want to transfer your PPF account in the application form. Keep a photocopy of it for a proof of past transactions when submitting your PPF passbook to your current post office or bank branch. Also, request the receipt from the post office/bank of the transfer order.