1000+ Self Made Questions and Answers have been prepared and posted so for in this site to motivate Postal LDC Exams Aspirants in the form of Quizzes(800+ Questions)/MCQs(200+ Questions)/Matches(400+ Questions)/Can be find in TAG Section.

Header Ads

01/ 02
India Post
02 / 02
India Post

  • Latest Posts

    SB Order 14/2022 - Introduction of online PPF (Public Provident Fund) account opening and closure through DOP, Post Office, India Post Internet Banking

     SB Order No. 14/2022. Online PPF account opening and closure through Post Office Internet Banking.

    F. No. FS-13/7/2020-FS

    Government of India

    Ministry of Communications

    Department of Posts

    (FS Division)

    Dak Bhawan, New Delhi-110001

    Dated: 30.08.2022


    Subject: - Regarding introduction of the online account opening and closure through DOP Internet Banking for Public Provident Fund (PPF) Accounts.

    Download Online PPF Account Opening Closing procedure/steps in PDF

    In line with providing more digital transaction facilities to POSB customers, the undersigned is directed to say that online account opening and closure for Public Provident Fund (PPF) have been introduced in DOP Internet Banking. Now DOP Internet Banking users can open and close their PPF account online. For more details kindly read FAQ available at link https://ebanking.indiapost.gov.in


    2. The option for opening and closing of Public Provident Fund (PPF) account is available under the “General Services’ tab of DOP Internet Banking. Internet Banking user should follow the below prescribed procedure for opening and closure of PPF account: -

    (a) Procedure for opening of PPF Account: -


    Login into DOP Internet Banking

    General Services

    Service Requests

    New Requests

    PPF Accounts — Open a PPF Account

    Deposit Amount (Enter Amount for which PPF account is to be opened minimum Rs 500 or above in multiple of Rs 50 upto Rs 1,50,000/-

    Debit Account (Select linked PO Saving Account)

    Click on ‘Click Here’ to read terms and conditions and accept terms and conditions

    Submit online

    Enter Transaction Password

    Submit.

    View/Download Deposit Receipt.

    Note: -


    (i) Log in again to view the details of PPF Account opened under ‘Accounts’.

    (ii) PPF Account will be opened in the name of DOP Internet Banking user and nominee will be same as registered in linked PO Savings Account.


    (b) Procedure for Closure of PPF Account: -

    Login into DOP Internet Banking

    General Services

    Service Requests

    New Requests

    Closure of PPF Accounts


    Deposit Account (Select PPF Account to be closed) Credit Account (Select linked PO Saving Account)

    Submit online

    Enter Transaction Password

    Submit.

    View/Download Closure Receipt.


    Note:

    (i) Logout and login again to view the details of PPF Account closed.

    (ii) Only matured account can be closed under this option.

    (iii) As premature closure is allowed under specific conditions, for premature closure kindly submit account closure form, passbook and relevant documents at Post Office concerned.


    3. It is requested to circulate these instructions to all post offices for information and guidance. Adequate promotion of this functionality is to be given for the benefit of POSB customers.



    Like and Share

    Click here to Join Telegram Channel

    No comments

    It's all about friendly conversation here at postalstudy. I'd love to hear your thoughts!
    Be sure to check back again because I do make every effort to reply to your comments here.