Can I transfer money to other person PPF account?

You will be able to make a transfer easily after your account has been added as a third-party beneficiary. It should be very easy for you to transfer your money if your PPF account and your bank account are both at the same bank branch and are already linked.

Can I transfer money in PPF account online?

You can make online deposits through a funds transfer (if your savings and PPF account are both with the same bank) or a third-party transfer (if the accounts are in different banks). Once you have added your PPF account as a beneficiary, you can easily transfer funds via NetBanking or MobileBanking.

Can we transfer money from Yono to PPF account?

With the YONO app, you can either transfer money to your PPF account that you have in the SBI bank, or you have in another bank. The whole process takes less than 5 minutes and you need not visit the branch, or fill out a PPF money deposit form, or use your card to make the payment.

Can SBI PPF account be extended online?

Thanks to recent lock downs and movement restrictions, SBI has enabled option to extend PPF account online. It is not mandatory to submit Form H or Form 4, which is required for PPF account extension if done in person by visiting the branch.

How can I withdraw my SBI PPF amount online?

Here are the steps of withdrawing money from your PPF account:

1. Step 1: Download the PPF Withdrawal Form (Form C) from your bank’s website online or you can get it from the bank branch.
2. Step 2: Enclose a copy of PPF passbook along with Form C.
3. Step 3: Submit the same at your respective bank branch.

Can I withdraw money from my SBI PPF account?

PPF withdrawal An account holder can withdraw prematurely, up to a maximum of 50\% of the amount that is in the account at the end of the 4th year (preceding the year in which the amount is withdrawn or at the end of the preceding year, whichever is lower). Further, withdrawals can be made only once in a financial year.