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How can I transfer my HDFC PPF account to another branch?

How can I transfer my HDFC PPF account to another branch?

You just need to submit an application form to the existing branch ask for a change of branch. Even though you may have submitted the new PPF account opening form at the bank, the transfer of account is considered as a continuing account.

Can I transfer my PPF account from one bank to another online?

PPF enjoys an exempt-exempt-exempt (EEE) tax status. Investments can be done in the most public sector and select private banks, as well as in post offices. Unlike banks where you can transfer funds online, the post office offers no such option to its investors.

Can I link my PPF account to my HDFC account?

Once PPF account is opened online, you can easily transfer funds from your savings account to your HDFC Bank PPF account. You must have an activated net-banking and/or mobile banking facility for your HDFC Bank account. Your ‘Aadhaar’ card number should be linked to your savings account.

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How can I transfer my PPF account from SBI to HDFC?

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.

Is PPF available in HDFC Bank?

Public Provident Fund is one of the most popular fixed income products, thanks to its tax benefits and long-term assured returns. HDFC Bank offers easy ways of investing in PPF online. Instantly transfer funds from a linked savings account or set-up standing instructions for automatic debit.

How can I add PPF account in HDFC beneficiary?

How To Add Money/Contribute To Your PPF Account Online?

  1. Login to your Account.
  2. Click on Third party payments.
  3. Add PPF account as a beneficiary.
  4. Note that payee name and account number should be same as in your PPF account.
  5. Once the beneficiary is added, one can transfer funds.