19 thoughts on “List of Banks offering PPF Account & Online Fund Transfer Facility”

  1. I feel SBI is good to open PPF account. I have my PPF account there. Its a trusted public sector bank. So, I prefer using their services.

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    • Hi, you need to check with the specific branch where you want to open the PPF account. I think all banks don’t provide such facility. So, check beforehand to avoid any confusions later on.

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    • NRI cannot open a new PPF account in India. However, existing account holders can continue there PPF account if they turn NRI after opening it. You have to check, there was a recent amendment also regarding this.

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  2. If I don’t submit PPF amount in a particular month, what will happen then? I think we don’t have to deposit monthly in it.

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  3. I was looking for list of Banks where one can open PPF account and came across this article. Thanks for relevant details.

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    • Hi, You have to link your savings account firstly for availing the PPF online fund transfer facility. I think you don’t have it linked, so that may be the reason you are not able to do online fund transfer to your PPF account.

      Reply
  4. Thanks for this list of PPF banks.A PPF account can be transferred from a branch of an authorised bank to Post Office and vice versa and also from a branch of the bank to another branch.

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