List of Banks Offering PPF Account With Online Fund Transfer Facility

By | July 15, 2016

Opening a Public Provident Fund or PPF account is very easy as many banks are offering the same facility. But do you know how many banks are offering PPF account with Online fund transfer facility? Technically every bank should have provided such facility.

In this article I will share the list of banks offering ppf account in India and where you can invest money on systematic manner by scheduling an automatic payment. I have opened PPF account in SBI and also in Axis bank for my wife and I am able to transfer money online easily.

List of Banks Offering PPF Account Opening Facility

List of Documents Requited To Open PPF Account in Bank

In case you are planning to open a PPF account in any of the banks, then just let me add here the necessary documents you need to carry while visiting a bank to open a PPF account.

  • Account Opening Form
  • Nomination Form, is necessary
  • Copy of PAN card
  • Photo, ID
  • address proof as per KYC guidelines.

Steps to transfer funds to PPF account?

Here are the generic steps which might be applicable to transfer money to your PPF account online without visiting your bank branch.

  • Login to your Net banking account [I am using SBI & Axis Bank]
  • Go to Third Party- Add your PPF account number
  • Enter name as in PPF account or whatever your want
  • Select the branch where your ppf account is held
  • Verify the PPF account just added
  • Now visit your fund transfer page and schedule a recurring payment choosing the standing instruction option in case you want recurring payment. Otherwise you can go for one time payment.

You may find my steps similar to PPF account in SBI, as I am using it from years now. In case of other banks, if something is different, then I would like to hear the same form your experience. Kindly write a comment below and share more information in this topic.

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