It is good news for all post office customers that people can also open a PPF Account online in the post office.
If you want to open a PPF account online in the post office then read this post up to the end. Here I explained a step-by-step procedure for opening of PPF account online in a post office in 2024.
Recently, the department of Posts (India Post) has issued an order regarding the introduction of the online account opening and closing of PPF accounts through DOP internet banking. These orders are known as SB order 14/2022.
Before a few days, the Postal department introduced the online opening of NSC and KVP accounts. One month later, the Post Office Department announced that a Public Provident Fund account can also be opened online.
If you don’t have time to visit the post offices and you want to open a PPF account then it is best for you. Just login into DOP internet banking and open a new post Office PPF account online right now.
Today I am sharing a step-by-step procedures on how to open a PPF account online at the post office.
How to open a PPF account online in post office
Those post office customers who have activated DOP internet banking for their post office savings bank accounts can only be opened PPF accounts online.
Make sure you have a POSB account in the post office and also enable DOP internet banking for it. If Post Office Internet banking is not yet activated then check how to activate DOP internet banking ultimate guide from here.
After activating DOP internet banking, just follow the below process and open a PPF account online in post office with easy steps.
- Login into DOP Intemet Banking
- Click on the General Services option
- Then click on the Service Requests option
- Now click on the ‘New Requests’ option
- Click on PPF Account – Open a PPF
- Now, you have to deposit the amount. Deposit Amount (minimum Rs. 500 and in multiple of Rs. 50 up to Rs. 150000/-)
- Debit Account (Select linked PO Saving Account)
- Click on ‘Click Here to read terms and conditions and accept terms and conditions.
- Click on the Submit online button.
- Enter your Transaction Password.
- Click on Submit
- View,/Download Deposit Receipt.
- Login again to view the details of PPF opened under accounts.
- PPF account will be opened in the name of the DOP Internet Banking user and the nominee will be the same as registered in the linked PO Savings Account.
How to close a PPF account online in Post Office
PPF (Public Provident Fund) is now closed online through DOP internet banking. Just follow the below process to close the Post Office PPF account online.
- First of all, log in to DOP Internet Banking
- Click on the General Services
- Again click on Service Requests
- Now click on New Requests
- Choose Closure of PPF Account
- Deposit Account (Select PPF Account to be closed)
- Credit Account (Select linked PO Saving Account)
- Now click on Submit online
- Enter your Transaction Password
- Click on Submit button
- View Download Closure Receipt.
- Log out and log in again to view the details of PPF closed Accounts.
SB Order no. 14/2022 PDF download
Click here to download the PDF file of SB order no. 13/2022.
FAQs
Question 01- Can we open PPF in post office online?
Answer- Yes.
Question 02- How can I invest in post office PPF online?
Answer- You can open PPF account online in post office through DOP internet banking.
Question 03- How can I get PPF in post office?
Answer- PPF account can be opened online as well as offline in post office.
My thought
It is good news for all existing POSB account users. They can now open a PPF account online from their home.
A step-by-step full procedure on how to open a PPF account online in the post office is already explained in this post.
Visit inindiapost for the latest information related to Post office.