Question: Can I Transfer Money From SBI To Post Office Account?

Can we deposit money in PPF account online in post office?

Most banks and post offices would allow online deposit of money into PPF (Public Provident Fund) accounts held with them.

However, it is wise to check in advance before using the online mode for this purpose.

They can make direct online fund transfer if they maintain their PPF and savings account(s) with the same bank..

Can you deposit money post office?

If you can get to a post office, you can just pop in and: Withdraw cash from your usual bank account using your card. Pay cash into your usual bank account using a card or paying-in slip. … Deposit a cheque using a paying-in slip (though Nationwide customers can’t do this)

How do I deposit money into my post office account?

Steps to open a post office savings account Get a form from the nearest post office or online. Separate forms are available for senior citizens. Fill-in the form and submit it along with the necessary KYC documents and photographs. Pay the amount that you wish to deposit, which should not be less than Rs.

How much money can be deposit in post office?

Single account holders can deposit a maximum of Rs one lakh while joint account holders can deposit a maximum of Rs two lakhs. One of the main features of a Post Office savings account is that there is no lock-in or maturity period.

Can I transfer money from post office to bank account?

The finance ministry has approved linking of savings bank accounts at post offices with IPPB accounts. This will enable post office account holders to transfer money from their account to any bank accounts.