Click to know on how to open SBI PPF account.

Step 1:

• Write your request on a piece of plain paper.
• Download transfer form (SB 10 form) if you are transferring from post office
• Inform where you want to transfer your account
• Submit along with your passbook
• Deposit photocopies of documents for ID proof, which can be PAN card, voter's ID card, etc.

Step 2:

• Once it is submitted, the account is closed and it is sent to requested bank along with your documents and balance amount by demand draft or cheque.
• You will receive call from your requested bank
• New passbook will be issued.

The complete procedure to take 3- 4 weeks and there are no charges to transfer account.

Click to know on opening online ICICI PPF account.

Points to remember while transferring

• Ensure you have updated your passbook which includes your latest transaction
• Take the photocopies of passbook before you submit
• News passbook given will not have records of previous transaction
• Transferred account is treated as continued account.
• One can change nominee while transferring account.