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.

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  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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