Ask Value Research

Does PPF account at the post office have online facility?

Post office doesn't give online facility for small savings scheme like Public Provident Fund

I hold my PPF account in a post office. Can I access it online? Else, is it possible to transfer it to a bank which provides online access?
-Vikram Mehta

Post office doesn't provide online facility for small savings scheme like Public Provident Fund. To avail it, transfer your account to a bank that provides online services. For this, you need to submit an application at the post office for transfer mentioning details of bank where you wish to transfer your PPF account. Once the application is processed, the post office will send the required documents to the bank. Once the bank receives the documents, you will be asked to submit a fresh PPF account opening form, along with your original PPF account passbook.

This article was originally published on January 19, 2017.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month