Banking

Can ppf account be transferred to another bank

Yes, a PPF account can be transferred from one bank to another, from a post office to a bank, or vice versa. The process remains offline and requires the following steps:
  • Visit your current bank branch and submit a transfer request with your PPF passbook.
  • The existing branch will forward your documents and the outstanding balance via cheque or demand draft to the new branch.
  • Once notified by the new branch, submit a fresh account opening form and complete the KYC process.
The transfer typically takes up to one month and maintains the account’s continuity and benefits.

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