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  #2  
July 29th, 2016, 11:24 AM
Super Moderator
 
Join Date: Mar 2013
Re: Pay SBI PPF Online

As you want here I am telling process to online payment to of my SBI (State Bank of India) PPF Account,


Add your SBI (State Bank of India) PPF Account as a beneficiary into your online banking module.

The payee name and the PPF account number should match exactly with that mentioned in your PPF account.


Select the SBI (State Bank of India) branch in which your PPF account is maintained. For example, if your PPF account is in State Bank of India then mention SBI and the corresponding branch name

Enter payee account number as your PPF account number

Once, the above mentioned details are filled in and submitted, your PPF account
will be added as a third party account.

You can now transfer funds from your online banking account to your PPF account via the standard online banking process.

Bank profile:
Type Public
Traded as NSE: SBIN
BSE: 500112
LSE: SBID
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Founded 2 June 1806, Bank of Calcutta
27 January 1921, Imperial Bank of India
1 July 1955, State Bank of India
2 June 1956, nationalization
Headquarters Mumbai, Maharashtra, India
Area served Worldwide
Key people Smt. Arundhati Bhattacharya
(Chairperson)
Products Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management, credit cards,
Revenue 257,289 crore (US$38 billion) (2015)
Profit 17,517 crore (US$2.6 billion) (2015)
Total assets 2,700,110 crore (US$400 billion) (2015)
Total equity 203,417 crore (US$30 billion) (2015)
Owner Government of India


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