In the past you could have open PPF Account with Post office or State Bank of India or few other PSU banks. But now, there are may banks sbi salary account opening form pdf are authorised to open PPF account. So , you can open or transfer PPF account to your nearest bank.
If you have any query related to PPF account, feel free to use comments box below to raise your queries. The author is a Chartered Accountant and loves to write about Personal Finance, Wealth Management, Taxation etc.
Disclaimer – The articles on this website is for informational and knowledge purposes and should not be treated as financial advice, Please consult your financial advisor before taking any investment decision. My PPF account is in BOB nad Saving account is SBI. Normally you should be able to transfer funds online to your PPF Account in other banks. But some banks have old format PPF account and donot accept online payment for PPF.
If I want to Transfer My PPF Account from one bank to other bank so is it possible? PPF account from 1 bank to another.
In which bank you have PPF currently and which bank you want it to be transferred. Normally you need to submit the form at existing bank branch with original PPF passbook.