Transferring Your PPF Account to ICICI Bank

Request a Transfer from Your Existing Bank / Post Office

• Submit a PPF transfer request at the bank or post office where your PPF Account is currently held.

• The existing institution will forward the following documents to the ICICI Bank Branch specified by you:

   

  • Certified copy of your PPF Account details

   

  • Account opening application form

   

  • Nomination form

   

  • Specimen signature

   

  • Cheque / Demand Draft for the outstanding balance in your PPF Account.

After transferring your PPF Account, the interest is credited just like before, i.e., at the end of the financial year. The transfer process does not affect your interest earnings. Once the Account is active in the new Branch, your yearly interest will continue to be accrued as per the applicable PPF interest rate.

Manage Your PPF Account in ICICI Bank

• Once your PPF Account is successfully transferred to ICICI Bank, you can access and manage it anytime and anywhere through ICICI Bank Internet Banking and the iMobile app

• Check your balance, view and download your Account statement and track your deposits

• Get automatic online reminders for due dates and timely investments.