I have my PPF account in Post office but want to shift it to Bank where I have my Saving Bank account, can I do it?
Yes, you can. You can transfer your PPF account from Post office to Bank or from Bank to post office, you can transfer it with in city or from one city to another city.
Just follow the process to get it transferred at your desired post office/Bank and place.
Just sharing the process as explained by ICICI Bank at their website.
following process is to be followed.
-Customer requires to submit PPF transfer request in the bank/post office where PPF account is held
- The existing bank/Post office will arrange to send the original documents such as a certified copy of the account, the account opening application, nomination form, specimen signature etc. along with cheque/DD of the outstanding balance in the PPF account to ICICI Bank branch address provided by the customer
Process at ICICI Bank Branch
Once PPF transfer in documents are received at ICICI Bank, branch official will intimate customer about the receipt of documents. Then customer is required to submit fresh PPF account opening form (Form A), Nomination form (Form E / Form F in case of change of nomination), along with the original PPF passbook. A fresh set of KYC documents are also required to be submitted by the customer.
Visit the page
No comments:
Post a Comment