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Where can I update my PPF passbook?
You can get your PPF account passbook updated periodically by visiting the nearest bank branch. Once you update the passbook, it will contain details of all the transactions and your current PPF account balance.
Can I pay PPF in any post office?
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.
Can we transfer PPF account from one post office to another post office?
You need to take care of following things before you opt for PPF transfer. 1) Carry PPF passbook + ensure no outstanding loan on your PPF account. 2) At new post office / bank where you want to transfer your PPF account, you need to submit KYC documents. Keep PAN card, Aadhaar card, photographs, etc., ready.
Can I transfer my PPF account to another branch?
The PPF account can be transferred from a bank to the post office, and vice versa. The account can also be transferred between branches of the same bank. All these documents are accompanied by a cheque or demand draft (DD) of the outstanding balance in the PPF account at the time of transfer.
Can we pay PPF online in post office?
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.
Which is better for PPF bank or post office?
Whether a PPF account is opened in a bank or post office, the scheme features remain the same. Hence, opening a PPF account in both ways is safe and convenient. One should also consider that just like banks, post offices also offer online facilities to access PPF accounts and other government savings schemes.
How can I deposit PPF online in post office?
Here is step by step guide:
- Add money from bank account to IPPB account;
- Go to DOP Products. Choose PPF;
- Write your PPF account number, DOP customer ID;
- Choose the installment duration, amount]
- IPPB will then notify you for successful payment transfer made through IPPB mobile application.
How do I link my PPF account to post office?
Can I transfer my PPF account from post office to bank?
Subscribers of PPF account can transfer their PPF account from a post office to any authorized bank, vice versa. In this case, the account will be considered as a continuing account. Is it safe to open PPF account in Post Office?
What is the passbook in PPF account?
The passbook contains key details including account number, credits/debits made to the PPF account, PPF account balance, etc. You need to get your passbook updated at the post office periodically in order to check/track your PPF account balance offline.
What is the current interest rate of PPF account in India?
Being a Government of India-backed scheme, the interest rate of PPF account is maintained uniformly across all post offices and banks that offer the facility. Current applicable post office PPF interest rate is 7.1\% (Q3 FY 2020-21). The historical interest rates on PPF accounts are given below*:
How do I Check my PPF account details?
The bank provides you with a passbook when you open a PPF account. This contains details of your PPF account such as PPF account balance, PPF account number, bank branch details, credits/debits to your PPF account etc. You can get the PPF passbook updated periodically by visiting your bank branch.