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Transfer PPF account to ICICI Bank
PPF account can be transferred from one authorised bank or Post office to another. In such case, the PPF account will be considered as a continuing account. To enable customers to transfer their existing PPF accounts from the other bank/post office to ICICI Bank , following process is to be followed.
- Customer requires to submit PPF transfer request in the bank/post office where PPF account is held
- The existing bank/Post office will arrange to send the original documents such as a certified copy of the account, the account opening application, nomination form, specimen signature etc. along with cheque/DD of the outstanding balance in the PPF account to ICICI Bank branch address provided by the customer
Process at ICICI Bank Branch
Once PPF transfer in documents are received at ICICI Bank, branch official will intimate customer about the receipt of documents. Then customer is required to submit fresh PPF account opening form (Form A), Nomination form (Form E / Form F in case of change of nomination), along with the original PPF passbook. A fresh set of KYC documents are also required to be submitted by the customer.
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