To transfer money online to the post office’s RD, PPF and Sukanya Samriddhi account, the steps mentioned below have to be followed. If you want to transfer funds from mobile, then you can use your IPPB app.
deposit money online in ppf account
Digital payment can be done easily in the post office account. But for this some necessary process has to be followed. For this, it is most important that you should have an India Post Payment Bank (IPPB) savings account. Digital Savings Account is operated through IPPB. With the help of this account, you can deposit money online in the Public Provident Fund (PPF) and Sukanya Samriddhi account of the post office sitting at home. Not only this, you can also transfer money to your recurring deposit account through digital payment. If you want to transfer funds from mobile to these accounts, then you can download IPPB mobile app.
The post office runs 9 types of savings schemes. In this, the names of Recurring Deposit, Public Provident Fund, Sukanya Samriddhi Account etc. are included. Most of the post office savings schemes give the benefit of tax exemption under Section 80C of Income Tax. The government gives the benefit of these small savings schemes to the customers through the post office. You just have to go to the post office once to open the account of these small savings scheme, after that all the work is done online sitting at home. Let us first know how to open an online account in the post office.
how to open account online
- Log in to the DOP e-Banking Portal using your ID and Password
- Click on the General Services tab and go to Service Requests. Click on New Request
- Select PPF Account and then click on Open PPF Account
- Fill the required details
- The minimum deposit amount is Rs 500, and the maximum is Rs 1.5 lakh
- Select the POSB account linked to your Internet Banking account
- Click Here to Read the Terms and Conditions Now Select
- Accept the terms and conditions and click on submit
- Enter transaction password and click submit
- You can view or download the receipt on successful transaction completion for future use
To transfer money online to the post office’s RD, PPF and Sukanya Samriddhi account, the steps mentioned below have to be followed. If you want to transfer funds from mobile, then you can use your IPPB app.
deposit money online
- Deposit money from your bank account to IPPB account
- Then go to DOP Products
- Now Select PPF or Sukanya Samriddhi
- If want to transfer money in PPF, then select PPF
- Enter PPF account number, followed by DOP customer ID
- You can also deposit money in Sukanya Samriddhi account from IPPB app itself
- Enter your SSA Account Number, followed by DOP Customer ID
- Now enter the installation amount
- You will get a successful payment transfer message from IPPB on your mobile phone.