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Can we transfer money from saving to PPF?

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Can we transfer money from saving to PPF?

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 do I transfer money using UPI ID?

Open iMobile Pay, click on ‘UPI Payments’ and go to ‘Pay to Contact’ Enter the mobile number of the person you wish to send the money to and select the UPI ID. Enter the amount, click on ‘Submit’ and enter your 4-digit PIN to complete the money transfer.

Can we do Neft to PPF account?

NEFT or National Electronic Funds Transfer is a method for transfer of funds between bank accounts. It can be done online via Net-banking. You need to have a PPF account number and the IFSC of the bank branch with which the PPF account is held. NEFT can be done from both savings and current accounts.

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How can I transfer money from UPI to PPF account?

Now perform following step-by-step process of How to Transfer Money to PPF account Using BHIM App:

  1. Click on “Send” Option.
  2. Click on “A/C+IFSC”
  3. Choose the name of the bank where you hold your PPF Account.
  4. Fill up the following details at the space provided on the next screen:
  5. Bank IFSC Code.
  6. Beneficiary Name.
  7. Account Number.

What is UPI transfer?

UPI stands for Unified Payment Interface (UPI). It allows transfer of money from one bank account to another instantly via one’s mobile phone. Payments can be made via app on mobile device only. The money transfer via UPI works on 24×7 basis.

Can I transfer money to PPF account through Bhim app?

Can I transfer money to PPF account through BHIM app? Yes. All you have to do is, log in to your BHIM app, fill up details such as account number, IFSC code and beneficiary name.

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How can I activate my PPF account online?

How to open a PPF account online?

  1. Step 1: Log into your bank account on the internet banking or mobile banking platform.
  2. Step 2: Select the ‘Open a PPF Account’ option.
  3. Step 3: If the account is for self, click on the ‘Self Account’ option.
  4. Step 4: Enter the relevant details in the application form.