Can I transfer money to my SBI PPF account from other bank?

As per the PPF Account Scheme, a subscriber can transfer his PPF Account from any Post Office/ Authorised Bank to another Post Office/Authorised Bank and in case of transfer the PPF Account would be considered as a continuing account and not a fresh account and your balance would also be transferred.

Can we transfer money online to PPF account?

At present, one can make online PPF payments only if you have an account in a public or private sector bank. The facility is not available to those who have opened their PPF account with India Post Office. ECS Mandates, NEFT and Standing Instructions are the various methods you can use to make PPF payments.

How can I link my PPF account to SBI online?

Process to Open PPF Account

1. Visit SBI portal at www.onlinesbi.com and log in with your credentials.
2. Click and select ‘New PPF Accounts’ option.
3. The ‘New PPF Account’ page appears.
4. Click the checkbox if you are opening the account on behalf of a minor.
5. Enter the bank branch code and branch name of your home branch.

How can I increase my PPF account in SBI?

Extending PPF Account in SBI Online using Net Banking

1. Login to SBI Net Banking facility by vising https://www.onlinesbi.com/
2. From the “e-Services” menu click “PPF Account Extension”.
3. Now you should be at below screen.

How can I transfer my PPF account in SBI?

1. Visit your existing bank/post office branch along with your PPF passbook.
2. You will be required to submit a transfer application request.
3. Upon receiving your PPF transfer application request, the existing branch will start the process.

How can I transfer money from my PPF account in SBI?

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.

Can I withdraw money from PPF account from any SBI branch?

Visit the local bank branch: Provide the banker with all the details stating that you wish to get the withdrawal from your PPF account. The bank shall make the necessary attestations done and would require you to sign some documents in their presence. Base bank branch credits your PPF proceeds by NEFT or RTGS.